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Learn the Importance Of Business Law with The Case Study
by Oliver Mark Academic WriterBusiness law also is known as the legal
characteristics of the business is the body of law that governs that applies to
the rights, the conduct of persons, relationship and business heartily engaged
in commerce, trades and sales. Business often considered a branch of civil law.
There are basically two different areas of the business law namely: regulation
of commercial entities and regulation of commercial transitions. Students who
are pursuing the degree in business law may need to hire assignment help on business law subject to understand the core concepts of
business law through the case studies. In the below article, you will explore
the fundamental concepts of business law with the case studies.
What
is the Objective of Business Law?
Students often ask “What is the point of
having business law? “or “what objective does business law serve”? In the
current business environment, business law is the fundamental law that
possesses the power of affecting the administration, organization and
management of the corporate business. Plus, the law is applicable to joining
two separate legal entities as the one. The main objective business law
services in the society are as follows:
•
Maintaining the minimum standard of the business entity.
•
Proper and fair disclosure of the transactions related to the company.
•
Effective participation of the shareholder.
•
Enforcement of proper performances.
The act also aims at preventing the misuse
and misconduct of the malpractices on the behalf of company management.
Students can also hire business law
case study writing help to get more details on the business law objectives.
Case
study related to the business law
It is easy to understand the concepts of
business law with the help of examples. Thus, here are some case studies that
can be used to clear the concepts for students.
First case: Margaret owned a shop that
specialised in the rare types of dolls. She opened her business in 1999 and
through the internet, she has further expanded her business to a point where
she needed someone to help her with the business. In the family discussion in
2006, she decided her daughter who was that time 16 years old would work in the
shop and receive the unsold dolls until Margaret will retire. AT the end of
2009, when Margaret finally retired, she decided to donate all the unsold stock
to the charity. Now the question is did Margaret breach the contract she had
with Emily if no then, explain?
Issue:
- There was no written contract between Margaret
and Emily but at the time of the oral agreement Emily was a minor i.e. below
the age of 18.
Law:
- The contract with the minor is void, valid at the
option of the minor. The contract entered by the minor for the benefits is
valid. The minor has the right to repudiate the contract after reaching the age
of majority.
Conclusion:
- In this situation, in 2009 the contract becomes
legally enforceable when Emily reached the level of the majority. Emily has all
the rights to bring this case in the court of law against the Margaret.
Hire business
Law case study writing service to learn about more cases like given above.
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About Oliver Mark 
Academic Writer
2 connections, 4 recommendations, 38 honor points.Joined APSense since, January 10th, 2019, From 3 Bellbridge Dr, Hoppers Crossing, Melbourne, Australia.
Created on Jan 25th 2019 00:09. Viewed 493 times.
