"Business Law" Essays and Research Papers

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Business Law

an antiquated response. However, discrimination can and does still happen in a company, and is not limited to gender discrimination. Consequently, every company is very careful about their operations and employee treatment in today’s business world. Many business entities have put together a human resource department to properly manage and take care of their most valuable resource, their employees. Over the years the government has also helped ensure that employees get proper treatment. Measures...

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aspects of law

 Q1. State three most important aspects of law as related to business. Give your rationale as to why those are the most important. Ans. Business and law are interlinked to a large extent. It would not be possible to do business without law. There are some important aspects of law as related to business are given below. Organizational: Every organization needs a porichiti and it is known by a name which represent any business. Every organization has a name and it shows a distinction than...

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Law & Practice

in regard to insolvent trading and if they breach any law for insolvent trading what are the consequences they have to suffer and also law has given some defences for insolvent trading for directors in order to avoid penalty. S9 defines a director of a company- a person who is appointed to the position of a director or alternate director regardless of the name given to their position. Managing director is responsible for overall daily business. Non executive directors have part time involvement with...

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Business Law

There are many laws in the world today that some may find are neither rational nor fair for all the parties involved in the situation. I have chosen two laws that I do not think are logical, these two are apparent authority and executory process. The first law I will be discussing is an agency this is the right one person has to execute business on behalf of another person or corporation. There are three important parties involved in an agency relationship; the agent (this is who can enter a...

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business organizationa and adr

Running head: BUSINESS ORGANIZATION AND ADR Business Organization and ADR Jennifer Sanders Business Law 575 November 18, 2013 Professor Natalie Brown Business Organization and ADR When starting a business as an entrepreneur involves the process of decision-making of several or one specific entity to assist with determining which type to form “such as,” general, limited, cooperative, joint partnership, a franchise, or sole proprietorship. However, determining the type of business to create requires...

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Forms Of Business Organization

Forms of Business Organization (provided by the Missouri Small Business and Technology Development Centers) One of the first decisions that you will have to make as a business owner is how the business should be structured.  All businesses must adopt some legal configuration that defines the rights and liabilities of participants in the business’s ownership, control, personal liability, life span, and financial structure.  This decision will have long-term implications, so you may want to consult...

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Business Law

 COLLEGE OF BUSINESS TMC COLLEGE LAW Individual Assignment The Importance of Understanding Business Law in Malaysia PREPARED FOR Mr. William Tan PREPARED BY Ilyassova Daniya SUBMISSION DATE 2 June 2014 Table of Content No. Details Page When doing a business it is important to understand laws that apply to your business, laws depend on the country you live in, but there are...

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Important Business Terms to Know

Key Terms Business Activity • Barter System – a system of exchange which involves the swapping of goods between individuals. • Capital Goods – goods used to produce other goods, such as tools, equipment and machinery. • Consumers – individuals who use or ‘consume' goods and services to satisfy their needs and wants. • Customers – individuals who buy goods and services supplied by businesses. • De-industrialization – the decline in manufacturing. • Division of labour – specialization...

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Forms of Business Organization

John Walter O. Boisvert TM 102 (12:20 – 2:00) FORMS OF BUSINESS ORGANIZATION 1. Sole Proprietorship - is the simplest business form under which one can operate a business. The sole proprietorship is not a legal entity. It simply refers to a person who owns the business and is personally responsible for its debts. A sole proprietorship can operate under the name of its owner or it can do business under a fictitious name. ADVANTAGES: * Capital - Sole proprietor contributes...

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Advantages and Disadvantages of Each Type of Business

proprietorship is a business owned one person, who has full control of the business and how it is run. They also own all the assets of the business and any profit that it makes. In the same vein, they are also responsible for all the debts and liabilities the business accrues. There are lots advantages by being a sole trader. The first advantage is easy formation. The formation of sole proprietorship business is very easy and simple. No legal formalities are involved for setting up the business excepting...

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