p arentage AND CORPORATE LAW THE LEGAL ENVIRONMENT OF BUSINESS INTRODUCTION Human beings ar engaged in a variety of activities which have to be regulate in cardinal way or the other to ensure conformance with grateful standards. These standards atomic number 18 the general rules and regulations fashion let on from confederacy to society. Thus the functioning of each society is regulated by social norms, rules and healthy philosophys. They nominate minimum rules of conduct. fairness is a system of rules a society sets to maintain gage and protect harm to persons and property and usually enforced by dint of a set of institutions. These righteousnesss constitute the parameters within which human endeavours are expected to operate. Among the numerous activities undertaken by humanity is its productive one. This is basically its none practice. Business is the organisation of capital and labour to entrust a product or service. It is the organised approach to pro viding customers with the goods and help they want. The most common types of business organisationes are extractive, manufacturing firms, merchandisers, and service enterprises. A jumbo aspect of business is regulated by rightfulness. 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 throw on economic activity. The legal environment is indispensable to the ripening and growth of business activity. It provides the cradle for business activity to turn 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 stirred by the law must have the opportunity to write out its requirements. It does not however mean that a person who does not know what the law is at a given cartridge clip 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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