Business Law Research Paper Business law is law that refers to law that is dealt with when dealing with people and certain matters that could be commercial. When dealing with business law, the law is often dealing with a business of some sort, like the term name says. Certain problems you could deal with are business formation, employment considerations, immigration law, sales of consumer goods, contract drafting and negotiations, trust and antitrust, intellectual property, taxes, bankruptcy, and more. Business law also deals with issues that could arise with existing businesses that interact with customers or the general public. This helps view businesses as entities separate from businesses and customers. Businesses can be formed as corporations, …show more content…
Laws protect us from discrimination, from threats of other citizens or countries perhaps, and much more. Business law simply keeps the calm in this country and it would be chaos without it. According to a quote from one of our past presidents, Theodore Roosevelt, he said, “Ours is a government of liberty, by, through and under the law. No man is above it, and no man is below it.” What he means is that business law sets a foundation for our country and all organized matters and everything within it. So many people use business law. Business lawyers, attorneys, judges, prosecutors, anyone who uses law in their hands for a career or for other circumstances. To use business law in a career that deals with law, you must have a JD degree or something similar. But if you have a career that isn’t professional, like a lawyer, and you’re someone like a police officer, you can use law to help citizens protect themselves and to take down criminals and felons using the law in a right way. One law that interests me is criminal law. I’ve always been interested in criminal justice and law, and I feel like it would be a great use to me for many reasons. Not only would it help me take down those who I know personally who need to be thrown in jail, but it would also help those who are in need to be saved, not to be cliché, but citizens who genuinely need to be
Sometime during your education, whether you’re a criminal justice student or paralegal studies student. You learn some type of law whether its criminal
In Week one of Contemporary Business Law, Team A learned about substantive, procedural, criminal, civil, common, and statutory law. In the reading assignments for week one, we discerned the differences that separate the laws and how the courts enforce the laws. Corporations and businesses are awarded protections under the Amendments to the Constitution of the United States that protect them from fraudulence. The following essay covers Team A interpretation of the different laws and how the laws pertain to corporations, businesses, and our current places of employment.
Laws affect how citizens live and work within businesses there are Laws and regulations that all businesses have to follow so each citizen gets treated equally and there are laws to protect them. To protect businesses and to protect all citizens involved in a business there are certain laws that have been put into place, without these laws businesses will not succeed this is why politics is so important to business, this essay will define Democracy and explain the relevance to business, different types of democracy with the definition and a country, state or town that’s government use the type of political ideology and also how it affected society in the past compared to the present.
Throughout history laws have been in place to restore or keep order in society. Some laws are put into place to protect while some laws are made to punish. No matter the purpose, laws are put in place with the expectation they will be followed.
Law can be defined as a system of rules and regulations that are enforced through social institution to govern the country which can be made by legislatures by legislation, executives or judges through binding precedent. The law can be regarded as a constitution enforced that shapes politics, economics and society in various ways .
| A group of young professionals were discussing the relationship between law and business. Adam argues that law primarily benefits the owners of businesses at the expense of workers and customers, while Beth takes the opposite position - that law primarily benefits the individual employees, customers and others, at the expense of the owners of businesses. Charlie posits that all parties are better off because of the presence of law, while David asserts that law is not a significant factor in the conduct of business. Based on your text, which person's view is most accurate? Answer
The legal environment of business refers to the code of conduct that defines the legal boundaries for business activity. To understand these boundaries, it is essential to first have a basic understanding of the law and how it affects businesses and business practices. The nature of business spans over a number of legal realms, all of which are continuously influenced by the needs and demands of the business community, consumers, and the government. Each has a distinct stake and voice in this vibrant legal
The law applies to our daily lives. The law which existed even in the past has permeated the modern society even further including the business environment. Different nations at all levels of the government are coming up with various laws and regulations to help guide endeavors for example businesses (Miller, 2016).
Commercial law, also known as business law, is the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales. It is often considered to be a branch of civil law and deals with issues of both private law and public law. Business law is very important when starting a business. It will help you operate your business without the hindrances of ignorance. Business law will help you prepare for issues pertaining to Zoning Laws, Licensing Laws, Tax Laws, Trademark and Patent Laws. Once you got your business running, you will need to know how to protect your business from things like lawsuits, creditors, the IRS and other government agencies.
Since the beginning of time, there have been rules and laws in place. Originating as merely unwritten rules of nature, created to ensure balance and order within the animal kingdom, laws have evolved and adapted alongside mankind. Regardless of their origins, it is evident that laws have developed into the backbone of our civilisation, making them an essential part of our society. There are a plethora of functions of law, the most notable being that it establishes rules of conduct, provides a system of enforcement, defends rights and freedoms, protects society and disciplines the wrongdoer, and resolves conflicts.
Business laws in the United States are divided into regulatory laws, labor laws, tax laws and reporting laws.
What business and people are allowed to do is regulated by contracting. Contract laws are made by the state or the courts. Our society is controlled by contracting, which keeps order. Contract laws are enforced by the courts.
Law exists all around us; it engages with everything in society, from traffic laws to safeguards and food policies. This further attracts me to being able to work aside the law, because it will allow me to cover all sorts of interesting topics and impact the way people live
These three classifications of law affect both business and society, through not only the guidelines defining what is and is not a crime, but also through protection for both. The examples above talked about a car hitting an individual. If it were taken one step further and the car belonged to a business, there are laws in place safeguarding the culpability of the business from the incident since though it is a company car, the company itself was not driving it. Instead the driver and only the driver would be the one at fault, and the victim would have only the driver to seek compensation or prosecution against.
Numerous and varied laws regulate the activities of all businesses and everyone involved in business, from owner to manager to employee. Some major business law categories are as follows: