Business law is very important to manage business very well and rules of law provide guidance and direction in every area of business. There are many other advantages of law in business which I mentioned in this presentation. Have a Look.

1. Know The Important Role of
Law in Business

2. Business law includes a complex web of state,
federal and municipal statutes. These laws work
together to ensure predictability and fairness.

3. Different Kind Of Law Which
Are Important In Business
` Contract Law
Intellectual Property Law
Corporate Law
Employment Law
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4. Contract
Law
Contract law is a broad field that governs the conduct of business in many areas including
contract drafting, assignment of rights, transactions, delegation of duties, what agreements
have to be in writing, conditions to a contract, breach and remedies.
Contract
Law

5. Intellectual
Property Law
Intellectual property law includes patents and trademarks. Just as real property
law is concerned with rights relating to a piece of property, intellectual property is
concerned with rights relating to products of the mind.

6. Corporate law governs
formation of corporate
businesses. State
corporate codes provide
rules and regulations
regarding articles of
information, bylaw,
boards of directors, and
other elements involved
in forming a corporation.
Corporate
Law

7. Employment law governs the rights and duties between employers and workers.
Also referred to as labor law, these rules are primarily designed to keep workers
safe and make sure they are treated fairly, although laws are in place to protect
employers’ interests as well.

8. PPT Based On Data From
Lowell Milken Institute