BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The law of obligations is one branch of private law under the civil law legal system and so-called “mixed” legal systems. It is the body of rules that organizes and regulates the rights and duties arising between individuals.

Detailed explanation-2: -Private Law is concerned with both substantive and procedural rules governing relationship between individuals (such as the law of torts or private injuries, contracts, property, wills, inheritance, marriage, divorce, adoption, and the like).

Detailed explanation-3: -Substantive laws are the laws which govern the original rights and obligations of the individuals.

Detailed explanation-4: -The rule of law is the implementation mechanism for human rights, turning them from a principle into a reality. The rule of law has played an integral part in anchoring economic, social and cultural rights in national constitutions, laws and regulations.

Detailed explanation-5: -Administrative/Regulatory Law Examples include Environmental Protection Agency regulations as well as rules that govern the practice of medicine, law, engineering, and the like. Administrative laws are neither criminal nor civil but have the authority of law within their areas of jurisdiction.