The study of legal relationships based on business activities. The main function of the business lawyer is to carry out analyzes in advance to prevent and minimize problems for their client . Therefore it is important that professionals master the norms and rules that regulate business actions. Image represents the meaning of business law With the help of business law companies are able to operate in accordance with the law. The main issues of business law are constitution and operating mode of companies responsibilities of partners and shareholders consumer protection among other areas. So that you can better understand the concept of business law it is important to understand the concepts of business partnership company and entrepreneur.
Check the definition of these terms. Business company The concept of business company is defined in the Civil Code by articles and where a business company is considered to be one that carries out business activities requiring formal registration. In other words someone who through this activity organizes the production or circulation of goods or services. The legislation still considers some types of companies Ghana Email List such as limited partnership limited liability company and limited liability company. Company The company is considered an economic activity regulated by the rules of business law of the Civil Code. Considering some characteristics such as Economics of the production of goods and services Organization of production factors Professionality and profit objective.
Businessperson According to article of the Civil Code the entrepreneur can be understood as “An entrepreneur is considered to be anyone who professionally carries out organized economic activity for the production or circulation of goods and services” Image shows an example of a businessman who is defined within business law In other words the image of the entrepreneur is seen as the person who has the right to the company. There may be variations such as Individual Entrepreneur Business Company or Individual Limited Liability Company EIRELI. Features of business law Like every area of law there are characteristics and business law is no different. The characteristics reserved for business law can be more or less intensified depending on the field of activity however they all influence the performance of business law.