Law : Uni

Forms/systems of Law

International law, national law, indigenous law, religious law

How should the meaning of law be understood ?

It depends on the context in which they are being examined

Why is law important in economic laws ?

enables competitive markets, profit production, and economic growth

what does law provide when it regulates businesses ?

certainty, predictibilty and consistency to business practices

what does law shape ?

how businesses function, and how people relate with each other during the business

why is it important to understand law and be familiar with them ?

because the business world mostly revolves around them