What Are the Main Purpose Of Business Law ?
Business Laws Exist To Create Reliable Standards For Companies To Follow.
Business Laws Create Consistent, Predictable
Standards.
Some Most Important Purpose Are:
Uniform Commercial Code
Uniformity
Enforcement
Predictability
Enforcement
Provide Enforcement That Allows Contractual Relationships To Stay
Intact.
Predictability
Allow People In Business To Enter Into Multiple Transactions With
Certain Protection.
Uniformity
When Business Owners Rely On
The Same Laws To Conduct Business,
They Need To Know That State Agencies
And Courts Apply The Laws In A
Uniform Fashion.
Uniform Commercial Code
Extensiveset Of Law Governing Commercial Transactions
Between U.S. States & Territories.
PPT Based On Data From
Lowell Milken Institute