Business Law and Taxation
The law is the backbone of every business operation. To succeed in modern business it is essential to understand legal risks, develop risk management strategies and comply with laws and regulations. The wrong business decision can attract significant legal consequences.
Business law influences commercial transactions and marketing processes, and it governs those engaged in companies, partnerships, sole traders and trusts. It is also at the frontier of developments in e-commerce as established rules are adapted to cover activities in the online world.
Business law deals with the business implications of national and state laws relating to areas such as contracts, trade practices, employment and consumer and creditor protection, as well as commercial, workplace, international relations and taxation law.