The Law of Contract Research as A Route to Sustainable Development in a Third World Country: The Case of Nigeria

Abstract

Law is defined as the body of rules, regulations and Public Policies that are enforceable in the law courts. The aim of law is to give justice so that a society can be in a state of order, peace and good conscience. In a democratic type of Government, the arm of the Government armed with the responsibility to make laws is the Legislative Arm of Government. It operates in the three3 tiers of Government namely the Federal, State and Local Government tiers.  In the Federal level there are two chambers namely the upper and lower chambers called the Senate and the House of representatives. At the state level, the Houses of Assembly make laws. At the Local Government level Bye laws are made. The Executive Arm of Government sends bills to the Legislative Arm and it is the duty of the President at the federal level and the Governor at the State level to give assents to the bills before they become law. If the Executive Arms fail, it can be passed by a two thirds majority of the members of the Legislative Arm. The law of contract is the most minimal law in Business Law. The main objective of the study is to determine how the law of Contract Research could be used as a route to Sustainable Development in Nigeria. This objective and four others were fully achieved in this paper.