Several types of business laws apply to different aspects of business operations:
Contract Law: Governs the creation and enforcement of agreements between parties. Employment Law: Covers the rights and duties between employers and employees. Intellectual Property Law: Protects creations of the mind, such as inventions, literary works, and trademarks. Consumer Protection Law: Ensures the rights of consumers and fair trade practices. Antitrust Law: Prevents unfair competition and monopolistic practices.