Introduction to business law ppt

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Introduction To Business Law - Chapter 1 Introduction to Business Law

  Title: Introduction to Business Law 1. Introduction to Business Law. By 2. What is Law? Law is a system of rules that govern a society. MERCANTILE LAWS It deals with the rights and obligations of Commercial persons emerging from commercial transactions. SCOPE OF BUSINESS LAW The. Business Law Chapter 1: An Introduction to Contracts. The legal definition of a contract is a promise (or set of promises) that, when breached by one.