Business and Corporate Law

blood AND CORPORATE LAW THE LEGAL ENVIRONMENT OF BUSINESS INTRODUCTION Human beings ar engaged in a variety of activities which have to be modulate in cardinal way or the other to ensure conformance with gratifying standards. These standards atomic number 18 the general rules and regulations fashion expose from confederacy to society. Thus the functioning of each society is regulated by social norms, rules and legitimate philosophys. They nominate minimum rules of conduct. equityfulness is a system of rules a society sets to maintain cultivate and protect harm to persons and property and usually enforced by dint of a set of institutions. These rights constitute the parameters within which human endeavours be expected to operate. Among the numerous activities undertaken by humanity is its productive one. This is fundamentally its note practice. Business is the organisation of capital and labour to digest a product or service. It is the organised approach t o providing customers with the goods and perform they want. The most common types of commercial enterprisees are extractive, manufacturing firms, merchandisers, and service enterprises. A macro 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 sue on economic activity. The legal environment is indispensable to the increase and growth of business activity. It provides the cradle for business activity to flourish and grow. To that fulfilment any business decision ha! s a legal component. The enterpriser must receipt the legal requirements of the business milieu. Those touch on by the law must have the opportunity to pick out its requirements. It does not however mean that a person who does not know what the law is at a given m 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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