Deleted user
posted 2 years 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.