FIN1101 Business Law
About Lesson

This lesson introduces the foundational concept and significance of law, distinguishing it from moral principles. Morals are subjective, based on beliefs about right and wrong, while laws are formal rules established by governments to maintain order and justice. The lesson covers various law classifications, such as criminal, civil, constitutional, and international law, each addressing different societal aspects. It also examines law sources like statutes, common law, and customary law. In Uganda, the legal system is shaped by its colonial history with British common law, its constitutional framework, statutory laws, and diverse customary laws. The lesson aims to provide an understanding of law formation, interpretation, and application in Uganda, emphasizing its role in maintaining order and protecting rights. By the end, students will better understand the relationship between law and morals and law’s role in governance and society.

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