Business and Corporate Law

patronage AND CORPORATE LAW THE LEGAL ENVIRONMENT OF BUSINESS INTRODUCTION Human beings ar engaged in a variety of activities which have to be regulate in unmatchable way or the other to ensure conformance with grateful standards. These standards atomic number 18 the general rules and regulations fashion come on from confederacy to society. Thus the functioning of each society is regulated by social norms, rules and ratified philosophys. They nominate minimum rules of conduct. legality is a system of rules a society sets to maintain eatage and protect harm to persons and property and usually enforced by dint of a set of institutions. These fairnesss constitute the parameters within which human endeavours argon expected to operate. Among the numerous activities undertaken by humanity is its productive one. This is fundamentally its none practice. Business is the organisation of capital and labour to suffer a product or service. It is the organised approach t o providing customers with the goods and operate they want. The most common types of crinklees are extractive, manufacturing firms, merchandisers, and service enterprises. A astronomical aspect of business is regulated by law. It has been said that law and business are inextricably intertwined.

The legal environment of business involves the legal system, its principal actors, and the major substantive rules of law that race on economic activity. The legal environment is indispensable to the developing and growth of business activity. It provides the cradle for business activity to attain and grow. To tha t fulfilment any business decision has a le! gal component. The enterpriser must receipt the legal requirements of the business milieu. Those impact by the law must have the opportunity to issue its requirements. It does not however mean that a person who does not know what the law is at a given clipping train not be concerned with its application. The old maxim, Ignorance of the law is no excuse does apply. THE LAWS OF GHANA It is essential to look at the...If you want to sign a full essay, order it on our website: OrderCustomPaper.com

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