Introduction to Business Law - PowerPoint PPT Presentation

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Introduction to Business Law

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Title: Introduction to Business Law


1
Introduction to Business Law
  • By
    Assignments4u.com

2
What is Law?
  • Law is a system of rules that govern a society
    with the intention of maintaining social order,
    upholding justice and preventing harm to
    individuals and property
  • Law systems are often based on ethical or
    religious principles and are enforced by the
    police and criminal justice systems such as the
    courts
  • In the UK, two major categories of law apply,
    criminal and civil law.

3
Impotance of Law
  • Without law, life and business would become a
    matter of survival, not only for the fittest but
    also of the most ruthless.
  • Laws are required in society to regulate the
    behaviour of the individual.
  • Law is the potential tool of social change.
    Infact law and society are complementary.No
    society can exist without law. It is essential
    for up keeping of peace in the society.

4
Branches of Law
  • Constitutional law
  • Administrative law
  • Criminal Law
  • Civil Law
  • Commercial Law

5
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6
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