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Answer to Question #299544 in Management for Noonkie
Question #299544
Discuss the significance of law in a business environment
Expert's answer
Discuss the significance of law in a business environment
- It plays the role of a foundation stone for any business concern
- Helps in resolving disputes
- Help in maintaining law and order
- Helps protect rights and liberties when it comes to business and its relation to government, other businesses and the customers.
- It establish generally accepted standards
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