For the example P above, â¼ P is the statement,ââï¬ve is not less than eightâ, or âï¬ve. is greater than or equal to eightâ. For an arbitrary mathematical statement P, we can indicate the possible truth. values for P and â¼ P in the table below, called a truth table.
Quick Answer. The law is important because it serves as a norm of conduct for citizens and residents. It acts as a guideline for acceptable behavior, and ensures equality within communities and social groups by an outline for the consequences of law violations. Laws communicate what is accepted in each society.
The term may apply to government, private sector organizations and groups, as well as individuals. Presidential executive orders, corporate privacy policies, and parliamentary rules of order are all examples of policy. Policy differs from rules or law.While law can compel or prohibit behaviors (e.g. a law requiring the payment of taxes on income), policy merely guides actions toward those that are most likely to achieve a desired outcome.olicy differs from rules or law. While law can compel or prohibit behaviors (e.g. a law requiring the payment of taxes on income), policy merely guides actions toward those that are most likely to achieve a desired outcome.