Discussion Post – Why do we need laws pertaining to Business, accounting homework help

Jurisprudence is the philosophy of law. Scholars have argued for years about the subject of law and why it is necessary to a civilization. Business law, in particular, has come under scrutiny in recent years due to well-publicized scandals that have cost consumers and corporations millions of dollars.

Why do we need laws pertaining to business? In your opinion, which laws or regulations are the most important to conducting business in a fair manner in today’s society? Why?

Please make this 1-2 paragraphs.