law, rule, regulation, precept, statute, ordinance, canon mean a principle governing action or procedure. law implies imposition by a sovereign authority and the obligation of obedience on the part of all subject to that authority. obey the law rule applies to more restricted or specific situations.
Corporate law (also known as business law or enterprise law or sometimes company law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations.