Several key legal areas impact businesses, including:
Contract Law: Governs agreements between businesses and their clients, suppliers, and partners. Employment Law: Covers employee rights, employer responsibilities, and workplace safety. Intellectual Property Law: Protects innovations, trademarks, patents, and copyrights. Tax Law: Regulates the financial obligations of a business to the government. Consumer Protection Law: Ensures that products and services meet safety standards and consumer rights are protected.