What is Business Law?
Often called Mercantile law or Commercial law, it is the area of study which deals with the issues that arise while interacting with the public, government and other companies. These legal professions exhibit knowledge of intellectual property, real estate, tax law, employment law, and etc.
Definition of Business Law
Business law encompasses all of the laws that dictate how to form and run a business. This includes all of the laws that govern how to start, buy, manage and close or sell any type of business. Business laws establish the rules that all businesses should follow. A savvy businessperson will be generally familiar with business laws and know when to seek the advice of a licensed attorney. Business law includes state and federal laws, as well as administrative regulations. Let’s take a look at some of the areas included under the umbrella of business law.
Skills Required to Pursue a Business Law Course
For candidates who wish to pursue a course in business law, they must possess the required skill set. Mentioned below are the skills needed to pursue a course in business law –
- Clarity in communication
- Excellent communication skills
- Inclination towards research
- Analytical Skills
- Logical Reasoning Skills
- Presentation skills
Courses in Business Law
- BBA LLB / BA LLB / B.Com in Business Law
- LLM / Post Graduate Diploma / JD /MBA/ MA in Business Law
- LLM /Post Graduate Diploma in Corporate and Business Law
- LLM in International Business Law
- LLM in Business and Economic Law
Career Prospects
- Business Analyst
- Legal Manager
- Business Process Manager
- Legal Advisor
- Business Development Executive
- Financial Lawyers
- Risk Analyst
- Immigration Lawyer
- Loan Officer.
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