Course Content
CPA 003: Introduction to Law and Governance
  • Law is necessary in civil society to maintain order and determine what is acceptable and wrong in human behavior and corporate activities based on a community’s beliefs and circumstances.
  • Specifically,  law serves the following purposes:-
  1. It encourages peaceful cooperation, upholds the rule of law, and prevents anarchy.
  2. It is a technique for establishing and controlling standards. Law establishes norms of behavior and conduct.
  3. It safeguards rights and enforces obligations by giving redress when these rights or obligations are violated.
  4. Facilitates and enforces private decision-making with legal weight.
  5. It is a tool for resolving social conflicts.
  6. It is in charge of and structures government authority: Various organs of government are governed by rules of law, which impose powers on them. Thus, the law establishes a government with limited powers.
  7. Developing Standards. This law serves as a guideline for society’s minimum acceptable behavior.
  8. Dispute Resolution. In a society made up of people with diverse interests, needs, values, and so on, disagreements are unavoidable.

 

 

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