Professional Documents
Culture Documents
Name: Muhammad Sufian Sec: D Id: 14u00133 Subject: Business Law
Name: Muhammad Sufian Sec: D Id: 14u00133 Subject: Business Law
Name: Muhammad Sufian Sec: D Id: 14u00133 Subject: Business Law
Sec: D
Id: 14u00133
Subject: Business Law
Assignment 1
Why are you studying business law? Why do you study business law?
Business law is one of the major fields of law in the modern world. Arguably, its
significance as a category of law makes it a compulsory study for all those who plan
to take up a career in economics or business related careers. A law to oversee
business activities is necessary and therefore it forms a connection between
business studies and study of law.
As I have stated above, in my opinion there is a relationship between law and
business. Law is one of those fields of study which can interact with a large number
of other subjects.Business law is a very interesting subject. Basically business law is
a subject where you can develop a range of skills and explore many aspects of
business conditions regarding business rules, laws and regulation. Studying
business Law gives you a chance to strengthen your understanding and deepen
your experience across the full range of business laws requirement.
It is not useless to study business law because it enhance your knowledge and help
to explore the different business situation like the business you are going to start is
legal or not or it require any type of registration by law and other business
requirements that are necessary by business law. For every business student it is
very important that he must studied business law because he can understand the
laws, rules, and method of doing business easily. Without knowing about business
law he cannot understand the different business conditions that any business law
required. For example you want to do partnership business and you didnt know
anything about partnership act 1932 you cannot set accordingly and you will
suffer a loss in future so that by studying law he can start any kind of business
easily according to laws and regulation of that particular business.