Purpose of Law in daily basis

At a general level the principal purpose of law is to preserve stability in the social, political, and economic system while simultaneously permitting change. The law does this basic function by carrying out a number of specific functions, among them dispute resolution, safeguard of property, and defense of the state.

Disputes, which inevitably arise in a society as complex and interdependent as ours, may involve criminal matters, such as robbery, or noncriminal matters, such as an automobile accident. As disputes threaten the stability of society, the law has established an elaborate and surfacing set of rules to resolve them. In addition, the legal system has instituted societal remedies, usually administered by the court of law, in place of private remedies such as revenge.

The recognition of private ownership of property is fundamental to our economic system, based as it is upon the exchange of goods and services among privately held units of consumption. Therefore, a second important function of law is to protect the owner’s use of property and to facilitate voluntary agreements or contracts regarding exchanges of property and services. Accordingly, a substantial portion of law,  involves property and its disposition, including the law of property, contracts, sales, commercial paper, and business associations.

A third essential function of the law is preservation of the state. In our system, law ensures that changes in leadership and the political structure are brought about by political actions such as elections, legislation, and referenda, rather than by revolution, sedition, and rebellion.