PANTOMATH

Business Law & Ethics

Business Law & Ethics focuses on the legal and ethical principles that govern business operations. It ensures businesses operate fairly, transparently, and within the law.

1. Contract Law

• Covers agreements between businesses, suppliers, and customers.
• Defines legal obligations, terms, and conditions in business deals.
• Protects parties in case of contract breaches or disputes.

2. Company Law

• Governs the formation, structure, and operations of companies.
• Includes regulations for company registration, ownership, and dissolution.
• Ensures businesses comply with government laws and corporate responsibilities.

3. Consumer Protection Laws

• Protects consumers from fraud, misleading advertisements, and defective products.
• Ensures fair pricing, quality standards, and the right to compensation.
• Promotes ethical business practices and consumer trust.

Understanding business law and ethics helps companies avoid legal troubles, build a positive reputation, and operate responsibly