Reading: (CU1 M1) Importance of the Rule of Law to Business
Business law addresses statutes and regulations affecting businesses, families, and individuals in their related roles. Knowledge of business law is useful for all students, because all students eventually assume roles as citizens, workers, and consumers in their communities and in society at large.
Read Section 4. Focus on the discussion of how the rule of law provides guidance in all areas of businesses.
Please read The Legal and Ethical Environment of Business: “Chapter 1: Section 4: Importance of the Rule of Law to Business” (Links to an external site.)Links to an external site. (PDF)