Internal Assessment

2022-23

Professor -

Jurispudence Law
Narayan Anandrao Kulkarni
Semester-III 3year L.L.B
Reg no : 3YRLLB6983
Compulsory retirement

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 Natural Law Theory

Natural law is a theory in ethics and philosophy that says that human beings possess intrinsic
values that govern their reasoning and behavior.

Natural law maintains that these rules of right and wrong are inherent in people and are not
created by society or court judges.

The theory of natural law says that humans possess an intrinsic sense of right and wrong that
governs our reasoning and behavior

The concepts of natural law stem from the times of Plato and Aristotle and were practiced by
great thinkers such as Mahatma Gandhi and Martin Luther King Jr.

Natural law is constant throughout time and across the globe because it is based on human
nature, not on culture or customs

Natural law is opposed to theories that laws are socially constructed and created by people.
 Understanding Natural Law
Natural law holds that there are universal moral standards that are inherent in humankind throughout all time, and these standards should form the
basis of a just society

Natural law holds that there are universal moral standards that are inherent in
humankind throughout all time, and these standards should form the basis of a
just society.
Human beings are not taught natural law per se. Instead, we “discover” it by
consistently making choices for good instead of evil. Some schools of thought
believe that natural law is passed to humans via a divine presence.
• Under the theory of natural law, everyone—regardless of their
governmental or political system, culture, or religion—has the same
rights, and these rights cannot be denied by others.
• The birthrights granted to humans under natural law, however,
are not the same as human rights, which vary and can change
depending on societal views. For example, a human right in the
United States is equal pay for equal work; however, in other
countries, it is not.

What Is the Theory of Natural Law?

Natural law is a theory of ethics that says that human beings possess intrinsic values that govern our reasoning and behavior. It states that
there are universal moral standards that are seen across time periods and societies because these standards form the basis of a just society.
Examples of Natural Law In Systems of Government: In the U.S. Constitution, the right of citizens to life, liberty, and the pursuit of happiness
is a motto based on natural law. In the penal code, certain crimes are almost universally accepted as punishable, including murder and rape.
How Does Natural Law Affect Business?
Natural law is seen in the concept of ethical business practices, especially the principle that a firm should not defraud its customers or other
stakeholders. For instance, the marketing of drugs should be made with full disclosure of potential harms and not be sold as "snake oil."
 Understanding Natural Law

How Does Natural Law Affect Business?

Natural law is seen in the concept of ethical business practices, especially the
principle that a firm should not defraud its customers or other stakeholders.
For instance, the marketing of drugs should be made with full disclosure of
potential harms and not be sold as "snake oil."

What Are Some Flaws In Natural Law Theory?

Since natural law assumes universalizing rules, it does not account for the
fact that different people or different cultures may view the world
differently. For instance, if people interpret differently what it means for
something to be fair or just, the results will differ.

Natural Law In Economics

Because natural law as an ethical theory can be understood to be an extension
of scientific and rational inquiry into how the world works, the laws of
economics can be understood as natural laws of how economies “should”
operate.

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 The Bottom Line

Natural law is an ethical theory that claims that humans are These inherited rules essentially distinguish the "rights" and
born with a certain moral compass that guides behaviors. "wrongs" in life. Under natural law, everyone is afforded the same
rights, such as the right to live and the right to happiness.

Natural law is evident in and shapes many of our laws,

business policies, and human rights agendas.
However, unlike these systems, its rules do not change and are
inherently assigned to everyone.
Thank you

Torts.