What Legal Frameworks Govern Business Rights and Duties?
Business rights and duties are governed by a combination of local, national, and international laws. Regulatory bodies and frameworks such as the Federal Trade Commission (FTC), Occupational Safety and Health Administration (OSHA), and various international treaties and agreements play a pivotal role in defining these rights and duties. Compliance with these legal frameworks is not just a duty but also a strategic necessity to avoid legal complications and enhance reputational capital.