posted a year ago
why business law is important?
why business law is important?
  • Turkey
  • Commercial and Business Law

Answer this Post

Login into your account and answer this post

posted a year ago
Business law is important because it governs the contractual and financial relationships between businesses. Contracts are the lifeblood of business, and business law lays out the rules by which contracts are formed, enforced, and dissolved. Businesses also need to be aware of financial laws, such as bankruptcy and securities regulation, to ensure they comply. Finally, businesses need to know the ins and outs of employment law to ensure they treat their employees fairly.