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Business Law

Business Law

Business Law Business Law is a body of rules, regulations, and principles that governs the activities of a business. It includes concepts such as an organization's fiduciary duty to shareholders,

Business Law

Business Law is a body of rules, regulations, and principles that governs the activities of a business. It includes concepts such as an organization's fiduciary duty to shareholders, the legal ways in which directors can be held accountable for their actions, and what constitutes a breach of a contract. Elements of business law include contracts, agreements, and court proceedings. Business law can be divided into two main categories:

01

Civil law

This consists of any laws that govern civil rights and obligations or any regulations that affect civil rights and obligations. Examples of this include disputes involving property, contracts, torts, debts, marriage relations.

02

Criminal law

This is any law that is used to prosecute someone who has committed a crime as well as regulate other types of crime such as theft or fraud

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