Business Frequently Asked Questions

Q: What is business law?

Business law encompasses the many rules, statutes, codes, and regulations that are established which govern commercial relationships and provide a legal framework within which businesses may be conducted and managed. Business law is highly diverse and includes areas such as:

  • business formation and organization
    • transactional business law (contracts)
    • business planning
    • business negotiations
    • mergers and acquisition
    • divestitures

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