pritzker

Admiralty law also encompasses specialised issues such as salvage, maritime liens, and injuries to passengers. Law and commerceCompany law sprang from the law of trusts, on the principle of separating ownership of property and control. The law of the modern company began with the Joint Stock Companies Act 1856, passed in the United Kingdom, which provided investors with a simple registration procedure to gain limited liability under the separate legal personality of the corporation.

• While military organisations have existed as long as government itself, the idea of a standing police force is a relatively modern concept.
• There have been several attempts to produce “a universally acceptable definition of law”.
• Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behavior, with its precise definition a matter of longstanding debate.

In civil law systems such as those of Italy, France, Germany, Spain …