The law of the modern firm started with the Joint Stock Companies Act 1856, handed within the United Kingdom, which offered investors with a simple registration process to gain restricted liability under the separate legal personality of the company. Social security law refers to the rights people need to social…

By the 22nd century BC, the traditional Sumerian ruler Ur-Nammu had formulated the primary law code, which consisted of casuistic statements ("if … then ..."). Around 1760 BC, King Hammurabi additional developed Babylonian law, by codifying and inscribing it in stone. Hammurabi positioned a quantity of copies of his law…