BUSINESS ADMINISTRATION
BUSINESS LAW
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Tort
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Property
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Oral contracts
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Agency
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Detailed explanation-1: -Property law in the United States is complex and multifaceted, but these laws pertain specifically to three distinct types of property. Both state and federal laws exist to protect real property, personal property, and intellectual property.
Detailed explanation-2: -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, breach of contract, transactions, contracts, and penalties for violation of the agreement.
Detailed explanation-3: -The types of business law include formation law, employment law, intellectual property law, contract law and negotiations, taxes, lawsuits, bankruptcy laws, and anti-trust laws.
Detailed explanation-4: -The Mercantile Law of India encompasses all Indian Acts that govern trade or commerce. For example, the Indian Contract Act of 1872, the Sale of Goods Act of 1930, the Companies Act of 2013, and so on.