In business you will be required to participate in many contracts with stakeholders. You might use the law to protect your product and ideas or even yourself and your business. You will also have to navigate your business through a myriad of government regulations pertaining to the industry that your business has become a part of. This Module will highlight the influence of the legal environment on your business.
Explain bankruptcy.
Evaluate the major forms of business ownership.
Explain the forms of intellectual property, trademarks and patent protection.