This essay focuses on dealings with government agencies. just a responsibility for profit to its shareholders? Are those concepts

dealings with government agencies

on a business law discussion question and need guidance to help me learn.
Corporate Ethics: Do corporations have a social responsibility to society or just a responsibility for profit to its shareholders? Are those concepts mutually exclusive?Business law is a section of code that is involved in protecting liberties and rights, maintaining orders, resolving disputes, and establishing standards for the business concerns and their dealings with government agencies and individuals. Every state defines its own set of regulations and laws for business organizations. Similarly, it is also the responsibility of the business concerns to know the existing rules and regulations applicable to them.

• Business law defines laws related to business partnerships, entities, sole proprietorships, liability companies, and corporations.
• It describes laws related to business and real property.
• Business law analyses the overall impact of computer technology on other business domains.
• Includes laws related to bankruptcy and governance of the securities.

Apart from these, business law is also essential to regulate corporate financing, regulatory compliance, and commerce litigation. For more details, connect

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• Includes laws related to business ethics, substantive law, procedural law, court system structure, and so on.
• Business law entails the taxation system for different types of businesses.
• The level of competition and antitrust are also involved.
• Business law also includes regulations about employee rights and privileges, workplace safety, overtime rules, and minimum wages law.
• It strives to alleviate the impact businesses have on the environment and nature. It aims to regulate pesticides, limit air and water pollution, chemical usage, and so on.
• Business law determines the formal process of establishment of a business organization and regulations related to the selling of corporate entities.
• It also includes rights assignment, drafting, and work delegations,