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