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Role and Functions of Law Paper

In: Business and Management

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Pages 2
Role and Functions of Law Paper
Mary Malate
LAW/421
May 14, 2012
Stuart Schwartz

In case 2.1 Cipollone v. Liggett Group, Inc., Cipollone filed a lawsuit against Liggett for violation of “several New Jersey consumer protection statutes alleging that Liggett (and other cigarette manufacturers) were liable for his mother’s death because they engaged in a course of conduct including false advertising, fraudulently misrepresenting the hazards of smoking, and conspiracy to deprive the public of medical and scientific information about smoking.” Law plays an important role in society because it helps maintain social control and it also protects people. Laws help resolve disputes and can act like a set of rules to abide by, it creates order in society so that the citizens know what is and is not acceptable. When people not obeying the law are moved out of society because of a court order, the citizens feel that justice was served and feel safer in their community. Law also plays an important role in business. Companies large and small rely on the law to protect their business. Laws specifically are put in place to protect businesses from lawsuit from consumers, vendors and suppliers. Not only does business law protect but it also helps generate more sales because business law is also used through contracts and agreements with other companies, vendors, suppliers etc. Agreements that are enforced keep a business stable and on track, it also acts as a back up when there is a disagreement. There are several rules, regulations and laws that are in effect at my current place of employment. The most important law if our privacy law. Working at an insurance company gives employees access to several types of personal information such as home address, social security numbers, bank account information, vehicle information and so forth. With a...

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