Business Law (Activity 2)

Business Law (Activity 2)

Table of contents
• Introduction
• How business organizations are legally formed.
• How business organizations are managed and funded
• Advantages and disadvantages of business organizations
• Recommend legal solutions
• Conclusion
• References

Introduction
Business law is the important
source of law which helps out to
maintain all the corporations and
legislation to be deal with the civil
matters. It used to cover contract
law, company and many more.
This report will cover the methods
through which the organisation
used to allocate their funds and
also various alternative dispute
resolution in business firms

Different types of business organizations can
be legally formed.
All the business organisations can be formed by implementing
important financial structure with their control and all the
legalisation through which the factors are being made different
types of business firms are as follows:
• Partnership
• Sole proprietorship
• Corporation
Thus, In order to maintain a proper business it is important that the
company should focus on control of business practice, structure of
all the business that are being adopted, the implication of taxes
that are being imposed and the written that can be expected from
the business