A corporation is owned by shareholders and is managed and managed by the board of directors who elect the president and are chargeable for the management and policy decisions of the corporation.

what is business law essay

This course goals to offer students with broad data of the general authorized framework and major legal ideas by which business in Hong Kong operates. It seeks to develop college students’ information and understanding of the Australian legal system and sources of legislation in Australia, the commercial legal responsibilities and risks of doing business, key points of the regulation of torts, contracts and consumer protection, and the legislation related to starting, managing, financing and closing companies and other enterprise entities.

While the minute nature of corporate governance as personified by share possession , capital market , and business tradition rules differ, comparable legal characteristics – and authorized issues – exist across many jurisdictions. … Read the rest