Legal Definition of Law: The rules, regulations, ordinances, and statutes, created by the legislative bodies of governments, under which people are expected to live. The law is interpreted by the courts; the facts are determined by juries. The laws of the land are the results of our moral thinking, the edicts of nature, and our experiences in living | Gain a clear understanding of the legal definition of law and its importance for business owners. Discover the wide range of areas laws cover, from traffic regulations to employment rights. Learn how courts interpret and apply laws, and the origins of our legal system. By understanding the legal framework, you can navigate the complex legal landscape, avoid legal pitfalls, and protect your business interests. Complying with the law also demonstrates your commitment to ethics and builds trust with customers, employees, and stakeholders