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What is Business Law?

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What is Business Law?

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Business law includes a wide range of rules, statutes, codes, and regulations that govern commercial dealings. Business law addresses banking, finance, business formation, business organization, business negotiations, business planning, business transactions, acquisitions, mergers, divestitures, business sales, and business litigation.

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Brown & Welsh, P.C. defines business law in the broadest possible context. It is whatever law a business owner needs to know.

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Broadly speaking, business law refers to the laws that apply to business entities, such as partnerships and corporations. For the moment, QuizLaw has focused on the laws relating to setting up and creating such a business. For more information, please select a QuizLaw topic below.

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Business law encompasses rules, statutes, codes, and regulations established to govern commercial relationships and provide a legal framework within which businesses may be conducted and managed.

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