Answer to Question #127582 in Law for Ally Ahmed

Question

Why company law is a stronghold unit compared to others

Answer 1

No business that can operate without environment. Business need to make contracts. Such contracts have legal implications and needs that one must have a clear knowledge of Company law. Also, the unit will generate knowledge of what legal transactions are and thus help in decision making process that is at the core of any business success. Moreover, the unit helps in-depth understanding on how to run business will little or no chances of fraud as business owners will be pretty aware of laws of other businesses or transactions. Therefore, Company law becomes a stronghold unit as compared to others.