Unit 1 DB Business Law & Regulations: MGMT330 - 1304A - 01

Unit 1 DB Business Law & Regulations: MGMT330 - 1304A - 01

Q1. What is the value of each legal systems operating in the business environment with regard to the following:

A. Contract law

A contract law in business involves the legal agreement binding between two or more organization to either do certain things or not to do specific things. For example: a contract between supplier and production firm for the price of raw material being supplied. The law of contract law is extremely high for any type of organization that exit ...