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What is the relevance of law to the conduct of business activities?
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What is the relevance of business law to an entrepreneur?
They are business people. If they are legitimate business people they will have to adhere to business laws, so business law is of major relevance to them. There are many rules and laws that they have to comply with. If they don't and they are caught out, they could be out of business and even have a very serious case to answer, and could even end up in prison.
What is the relevance of natural law in modern concepts of law?
what is the relevance of natural law in modern concepts of law?
Explain how ethics in business and the law are related How are they different?
Ethics is how you conduct yourself in business and law. Both of these need good ethics for people to trust and use your services.
What is the benefit in business law to a student who is not aspiring to become a lawyer?
Business law is one of the courses that most business students have to take. A well rounded student should know something about policies and law in business when they are running a business, even if they aren't a lawyer. Good business people have some understanding of the law so they can conduct their business in a legal and correct fashion. Taking business law in no way means you are on the path to law.
What is the applications of agency law in the business environment?
Agency law governs what kinds of activities businesses can delegate. It also governs what kinds of acts a business can be held liable for.
Which type of law refers to the body of regulations that the government creates to control the activities of industry business and individuals?
Administrative Law
What is the body of regulations created by governments to control the economic activities of industry business and individuals?
Administrative law
What is the Intellectual Property Rights Law Discuss its relevance to liberalization and Globalization?
What is the Intellectual Property Rights Law. Discuss its relevance to liberalization and Globalization?
Are business activities at times governed by criminal law?
Yes, business activities can be governed by criminal law if they involve illegal actions such as fraud, bribery, money laundering, tax evasion, insider trading, or other criminal offenses. Violations of criminal law can result in legal prosecution, fines, or even imprisonment for individuals involved in those activities.
A summary of the consumer act of the Philippines?
The Consumer Act of the Philippines is the law for the protection of the consumer. The law promotes the consumer's general welfare and establishes standards of conduct for business and industry.
Why is law important to business administatin student?
Business students after graduation starts their own business or they offer their services to the organizations. In daily routine work students come across different legal issues. Law course is taught because general overview of law is important to carry on the day to day activities of business or organization.
What is illegal conduct?
When you break the law.
