Business Ethics and List of business laws

What is Business ethics?
•Business ethics is a form of applied ethics that examines ethical principles and moral problems that arise in abusiness environment.
•In the increasingly conscience-focused marketplaces of the 21st century, the demand for more ethical business processes and actions (known as ethicism which is a major branchof philosophy, encompassing right conduct and good life ) is increasing. Simultaneously, pressure is applied on industry to improve business ethics through new public initiatives and laws.
• The improvising of legal ethics in business scenario is called Commercial law (sometimes known as business law)
What is Commercial law ?
Commercial law (sometimes known as business law) is the body of law which governs business and commercial transactions. It is often considered to be a branch of civil law anddeals both with issues of private law and public law.
Commercial law includes within its compass such titles as principal and agent; carriage by land and sea; merchant shipping;guarantee; marine, fire,life and accident insurance; bills of exchange and partnership. It can also be understood to regulate corporate contracts, hiring practices, and the manufacture and sales of consumer goods. Many countries have adopted civil codes which contain comprehensive statements of their commercial law.
List of business law topics
•Contracts
•Corporate law
•Intellectual property
•Negotiable instrument
•Property law
•Financial regulation
•Tax law
•Arbitration
What is the importance of studying business law?
the main reasons are given below:
•It is helpful in maintaining business in legal ways as it promotes ethics on thewhole.
•To make a student aware of those laws which regulate business and corporateworld in a country.
•To resolve business disputes in a legal format.
•To have a better society
- by Sharvani Shukla
- source: sharvanishukla.blogspot.com