If you own a business, understanding business law is essential. In this video, you will learn everything you need to know about business law, including what it is, why it is important, and how it can benefit you. Understanding this kind of law can help you down the road if you ever run into trouble areas and need to consult a lawyer.
In simple terms, business law is a very general term that encompasses all of the laws relating to running and forming a business. If someone is going to start a business, they will need to navigate these laws, just as someone who is closing a business will need to too. This also includes buying, selling, and managing businesses. The video will go over each of these topics so you can learn how business law relates to each of them. There are also other categories of law that cross into business law or overlap with it, such as real estate law.