Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

Understanding Business Law: A Beginner???s Guide to Legal Structures and Compliance

Author(s): Muhammad Zeenat

ABSTRACT

Business law forms the backbone of commercial activity, guiding entrepreneurs through the legal frameworks that govern how businesses are formed, operated, and regulated. This article introduces beginners to the fundamentals of business law, focusing on legal structures such as sole proprietorships, partnerships, corporations, and limited liability companies (LLCs). It also explores key compliance requirements, including licensing, taxation, employment law, and intellectual property protection. By understanding these foundational concepts, aspiring business owners can make informed decisions, avoid legal pitfalls, and build sustainable enterprises.

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