Question

what do you mean by Business law ​

Answer 1

Answer:

Business law is the body of law which governs business and commerce and is often considered to be the branch of civil law and deals both with issues of private law and public law ....

Answer 2

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what do you mean by Business law ?

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Commercial law or business law is the body of law which governs business and commerce and is often considered to be a branch of civil law and deals both with issues of private law and public law. Commercial law regulates corporate contracts, hiring practices, and the manufacture and sales of consumer good

importance of business law?

Business law serves as a way to maintain order among businesses, brands, and companies alike. They protect the rights of the company, and of the people who work there, as well as help to establish a certain standard for how things should be run.

additional information

If you imagine doing business without any legal means to protect your best interests, you'll understand why the rule of law is important to business. The rule of law gives everyone a framework for how to act and operate. It holds people, businesses and government accountable for their actions.

What are the characteristics of business law?

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Business law is that branch of law which is concerned with business entities like companies and partnerships. Business entities play an important role in the society and significantly impact the economy of a nation. There are diverse means by which they transact which each other and with other entities in society

What is the first law of business?

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So, the first law of business is to keep and create a customer. A customer is considered as the king of the market. A business can survive and grow in the long run only if the consumer is satisfied with the products and services of the business

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