so there will be equity, order and regulation in bussinessWhy is it important to have laws and legislation's in business?Simply so people don't take atvantage of each other. Part of this includes what a business must pay an employee, the rights of the owners, and some.protection of the customer. You're talkin about money here...suprisingly, that tends to corrupt people.Why is it important to have laws and legislation's in business?To stop unscrupulous business practice and to stop exploitation of workers to name two reasons.
See the tighter regulation of banks across the world as an example of why it is generally a good thing.Why is it important to have laws and legislation's in business?It's only important for people who do not profit from the lack of law's and legislation.
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