Derecho de La Empresa Unit 1

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12 Terms

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Objective Right

It refers to the set of legal norms tending to regulate the human being in society. It is all that law that is written or is embodied in a document.

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Subjective Right

It is the faculty of each person to be able to assert their rights. They are rights that we human beings have and that the law recognises.

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Definition of Law

Is a system of rules created and enforced by a governing authority to regulate behaviour

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Need for Law

Is necessary to provide structure

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Hierarchy of Norms

Is a legal principle that organizes laws in a ranked order

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Constitution

The highest legal norm in a country

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Legislation

Laws enacted by a legislative body (e.g., parliament or congress) that set legal obligations and rights.

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Regulations

Rules issued by governmental agencies that provide details on how laws are implemented and enforced.

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Contracts

Legally binding agreements between parties that define rights and obligations within the limits of the legal system.

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Corporate Law

A branch of law that governs companies

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Organic Law

Are those related to the development of fundamental rights and public liberties, those that approve Statutes of Autonomy and the general electoral regime, and others foreseen in the Constitution

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Ordinary Law

Normal law that is jot organic law