To what extent can our legal system ensure order and stability in society and particularly, in the business world?

Our legal system can ensure order and stability in society by establishing rules, regulations and laws which must be followed by all citizens. For example, the criminal law provides a deterrent effect for potential offenders by punishing any actions deemed unlawful; this helps maintain social cohesion as everyone is aware of the consequences for their actions should they choose to break the law. Furthermore, civil laws also help to protect individual rights while preventing disputes from arising between parties. This often involves providing remedies such as financial compensation or ordering injunctions if necessary.

In terms of the business world, our legal system ensures that companies are run fairly and conduct business activities in an ethical manner. There are many different acts and statutes which apply here such as those concerning competition law or intellectual property rights; this creates a level playing field for businesses so that no one is unfairly advantaged over another. Finally, proper enforcement of these laws is critical to ensure order and stability within society is maintained; otherwise individuals may see them as being ineffective or not worth following which could lead to chaos or instability in the long term.