General Articles

Characteristics of business law

According to Karl Max, law is a reflection of the economic legal relationship of a society in a certain stage of development. Meanwhile, according to Aristotle, the law is a collection that is not binding but is also a judge for the community, where the law oversees judges in carrying out their duties to punish guilty people. The purpose of the law is to create and regulate human behavior in an orderly society and is expected to protect every human being. Those are the characteristics of law in general. Meanwhile, the legal definition in business is binding which contains legal…