Melbourne Law College
These example sentences are chosen mechanically from numerous online information sources to reflect present utilization of the word ‘law.’ Views expressed in the examples don’t symbolize the opinion of Merriam-Webster or its editors. Law, rule, regulation, principle, statute, ordinance, canon imply a principle governing action or procedure. Law implies imposition by a sovereign authority and the duty of obedience on the a half of all topic to that authority. Although many scholars argue that “the boundaries between private and non-private law have gotten blurred”, and that this distinction has become mere “folklore” (Bergkamp, Liability and Environment, 1–2).
Lord King LC was nervous that trustees would possibly exploit opportunities to use belief property for themselves as a substitute of taking care of it. Business speculators utilizing trusts had only recently brought on a stock market crash. Strict duties for trustees made their way into firm law and were applied to directors …
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