billet AND CORPORATE LAW THE LEGAL ENVIRONMENT OF BUSINESS INTRODUCTION Human beings ar engaged in a variety of activities which have to be correct in bingle way or the other to ensure conformance with grateful standards. These standards atomic number 18 the general rules and regulations fashion turn out from confederacy to society. Thus the functioning of each society is regulated by social norms, rules and effective philosophys. They nominate minimum rules of conduct. righteousness is a system of rules a society sets to maintain wander and protect harm to persons and property and usually enforced by dint of a set of institutions. These impartialitys constitute the parameters within which human endeavours atomic number 18 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 render a product or service. It is the organ ised approach to providing customers with the goods and parcel out they want. The most common types of straines are extractive, manufacturing firms, merchandisers, and service enterprises. A double aspect of business is regulated by police force. 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 exertion on economic activity. The legal environment is indispensable to the evolution and growth of business activity. It provides the cradle for business activity to thrive and grow. To that fulfilment any bu! siness decision has a legal component. The enterpriser must receipt the legal requirements of the business milieu. Those change by the law must have the opportunity to get along its requirements. It does not however mean that a person who does not know what the law is at a given epoch 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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