Business Studies, asked by mahir8811, 1 year ago

What is the benefit of business law in the world of business?

Answers

Answered by Anonymous
1

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.

Answered by ImpressAgreeable4985
0

Answer:

plays the role of a foundation stone for any business concern

Explanation:

Business Formation – Business law plays the role of a foundation stone for any business concern. Establishing business includes a lot of legal processes, leasing, and permits. A business law attorney is well-versed with all the relevant regulations, and can help the concern establish its operations successfully.

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