Question

explain various kind of law​

Answer 1

Every state and country has its own legal system. There are many different branches of law including corporate law, property and taxation law through to media, environmental health and international law. All types of law have far-reaching effects and help to shape politics, economics and society in numerous ways.

Answer 2

Explanation:

There are 7 different kinds of law services:

1. :

Bankruptcy exempts individuals as well as businesses, who are incapable to achieving their financial responsibilities, from repaying segments or the complete debt. There are two different manners of declaring bankruptcy:

Liquidation Bankruptcy: The debtors yield their properties and assets so that they can be auctioned. The proceedings are then dispersed to creditors; in exchange, all debts are suspended.

Reorganization Bankruptcy: The borrower consents to a restitution plan that enables the return of a part of the amount they owe to the lenders. They are, however, sanctioned to retain their property.

2. :

Contract law refers to creating and executing agreements. These agreements can be established between multiple parties (individuals or corporations). Contract law governs the creation of the contracts, their execution, and fashioning a relevant solution in case of a breach.

3. :

Corporate law deals with the various operation of corporations such as mergers and acquisitions, consumer law, insolvency, and liquidation. Corporate law helps regulate articles, simplifying the conduction of the business.

4. :

Criminal law assists various objectives, such as maintaining order, protecting individuals and property, resolving disputes, and safeguarding civil rights. Criminal law further investigates misdemeanor as well as felonies.

5. :

Family law concentrates on different legislation dealing with family complications and domestic conflicts. The civil law precedes over subjects such as divorces, child custody/support, alimony, drafting of will agreement and trust funds, etc.

6. :

Intellectual property refers to the intangible objects developed by the human mind, expressed into a tangible form. Intellectual property law extends protection against piracy and theft of ownership of assets, such as patents, trademarks, copyrights, and etc.

7. :

Paralegal assistants act as a link between common people and law solicitors. They assist attorneys throughout trials, conduct investigations, coordinate legal articles, and curate formal statements and affidavits