Terminologies Related To The General Law System:
- Labor Law:
It is the course of studying the relationship between the employee of an institute and the institute itself. The involvement of the trade union and the personnel union is also related to it. This labor law involves the collection of all the laws compulsory for the workers and their employers too. It also deals with the rights of the workers starting from the employees’ insurance, job safety, healthy covers and the salaries.
- Human Rights:
These include the civil rights and laws that are essential to the citizens of a country. It engulfs in itself the basic rights and freedoms that have to be provided to every citizen of the nation too. Starting from the right to free speech to the right of free movement, all of it is parts of the being rights and civil rights.
- Civil procedure:
It is the process that is to be followed by the people in the times of breakage of the lawsuit. It ensures the complete procedure that is to be followed when proceeding in civil cases concerned to the citizens of the country.
It refers to the proofs that build the faith of the cases. Any lawful proceeding is done on the basis of the evidences found. The proofs are the basis on which the lawful proceedings are processed and hence are the most important parts of common law.
- Nationality Laws:
It refers to the rules of the foreigners. It comprises of the rules that govern the rules for the foreigners basing on which they may travel along and move about places. It can be offensive till having a nationality cancelled and hence is different in different countries.
- Taxation Laws:
It comprises of the laws that are concerned with the tax systems of the nation. It deals with the taxes like income tax; value added taxes (VAT), service tax and corporate taxes also. Any changes in the taxes are formulated with the taxation laws.
- Banking Laws:
It deals with the regulations and policies of banks like fixing the capitals, regulating the financials, investment rules and more. This essentially formulated to ensure that the risks of the economic crisis are reduced and in the worst possible cases, are fought efficiently.
- Company Law:
It deals with the laws that the owner of a company wants to follow. Abiding the law would land the owner in the secure hands. Moreover, company laws are the ones that are formulated through the owner and the naming partners of the company.