According to HG.org, businesses laws are implemented to provide all organizations in the marketplace with fair conditions to succeed. The actions of businesses, their owners and their employees are regulated by laws meant to protect businesses from other entities that want to cheat them and vice versa.Know More
According to the National Business Education Association, all businesses must be created to exist under the laws of the place where they reside. For businesses operating between cities or internationally, they must comply with all laws that affect them in both regions. Because business law is vast and complex, a business needs to have lawyers to interpret and advise proper action to ensure compliance.
"The Legal and Ethical Environment of Business" explains that to aid businesses and their legal staff, governments create regulating bodies. Agencies such as the U.S. Securities and Exchange Commission exist to protect investors and consumers by holding businesses accountable for any dangerous or fraudulent practices.
HG.org explains that business law is meant to provide guidelines by which businesses are able to avoid litigation. It is beneficial to seek the counsel of lawyers who specialize in business law before a business forms because these lawyers are acquainted with the pitfalls the new business seeks to avoid. A good lawyer is able to structure contracts and exchanges such that the business remains compliant with law to minimize liabilities while remaining as profitable as possible.Learn more about Law
A "stand your ground" law gives citizens the right to defend themselves in certain circumstances without the duty to first retreat. Under this law, citizens have the right to use force to defend themselves in instances of imminent danger without first attempting to flee, according to Find Law.Full Answer >
The primary functions of a trade union are to protect, defend and support the common interests of members by acting as a mediator between workers and the organizations for whom they work. The first trade union in the United States was organized in 1794 in Philadelphia by a group of shoemakers. The purpose was to establish a common wage system in order to prevent employers and unskilled workers from undercutting members.Full Answer >
There are several strategies to help curtail political corruption, including engaging the media in covering high-profile corruption cases, changing public attitudes and establishing organizations to study and solve corruption at all levels of government. Government corruption occurs at all levels, including municipal, state and federal. In some areas, governments are more corrupt than others.Full Answer >
While Aztec women were expected to fill the role of homemaker and mother in Aztec society, they were also able to participate in economic activity, like selling items in the marketplace, working as midwives or even acting as scribes. Women who stayed home performed essential tasks, such as cloth-making, in addition to homemaking, explains the Illinois Valley Community College website.Full Answer >