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Significant role in successful operation of business-society

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Role and Functions of Law

"Law plays a significant role in the successful operation of business and society" (Bushman, 2007). Law is a natural part of our daily lives; every decision and action we do involves some form of law. Laws aid in regulating society's behavior, it sets forth rules and specific expectations. These laws further make available the means to dispute differences of opinion yet, at the same time function as an enforcer. Law permits people freedom, the ability to reside in a just civilization, assess their government, and ensure legitimacy. Each law is multifaceted, for that reason understanding the law is essential. Without law, nations have deficiency in administration and specific regulations, which prevents fruitful and proficient

Reference no: EM13926056

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Significant role in successful operation of business-society : "Law plays a significant role in the successful operation of business and society" (Bushman, 2007). Law is a natural part of our daily lives; every decision and action we do involves some form of law. Laws aid in regulating society's behavior, it..
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