Law & Business Guides
Law is a system of social rules usually enforced through a set of structured institutions. Law affects everyday life and society in a variety of ways. Contract law regulates everything from buying lunch at McDonald's to trading swaptions on a derivatives market. Property law defines rights and obligations related to transfer and title of personal and real property, for instance, in mortgaging or renting a home or office building. Trust law applies to assets held for investment and financial security, such as pension funds. Tort law allows claims for compensation when someone or their property is affected in such a way that harm or injury is caused. If the harm is criminalized in a penal code, criminal law offers means by which the state prosecutes and punishes the perpetrator. Constitutional law provides a framework for creating laws, protecting people's human rights, and electing political representatives. Administrative law relates to the activities of administrative agencies of government. Government agency action, like the Securities & Exchange Commission or U.S. Citizenship & Immigration Service, can include rulemaking, adjudication, or the enforcement of a specific regulatory agenda. International law regulates affairs between sovereign nation-states in everything from trade to the environment to military action. "The rule of law", wrote the ancient Greek philosopher Aristotle in 350 BC, "is better than the rule of any individual.
Our Law & Business Guides are designed to assist the business community in understanding some of the more complex legal issues facing them in the successful operation of their company. Here, we provide the basic knowledge of the subject matter and key links to essential government and educational resources that should be at your daily disposal. There are useful "how to" guides with up-to-the-minute business and legal news, and hard-to-find links to guide businesses in any industry on how to improve performance, avoid legal problems, hire and retain the best employees, and protect themselves in a global community.
Its often said that there are no stupid questions and we agree. Without a fundamental comprehension of a subject matter, however, its often difficult to know what questions to even ask. Although our Law & Business Guides do not substitute for legal or other professional advice from an expert on the subject matter, they will provide you with a basic understanding of key business areas to better work with your attorney, accountant, chief financial officer, and other business professionals.
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