Rule of LawThe Rule of Law, in its most basic form, is the principle that no one is above the law. The rule follows logically from the idea that truth, and therefore law, is based upon fundamental principles which can be discovered, but which cannot be created through an act of will.
The most important application of the rule of law is the principle that governmental authority is legitimately exercised only in accordance with written, publicly disclosed laws adopted and enforced in accordance with established procedural steps that are referred to as due process. The principle is intended to be a safeguard against arbitrary governance, whether by a totalitarian leader or by mob rule. Thus, the rule of law is hostile both to dictatorship and to anarchy.
LexisNexis is committed to playing a positive role in the community and becoming an authoritative voice in "higher order" legal and risk management business issues that are not only topical, but, more importantly, foundational to the stability of governments, the well-being of their citizens, and business. One example is our initiative regarding "the Rule of Law" and its role in preserving, protecting, and defending the rights and property of individuals and corporations around the world.
Rule of Law | LexisNexis