Introduction to international and comparative law - What Is International Law?

3 important questions on Introduction to international and comparative law - What Is International Law?

Why Law for managers?

Regulation has a broad relevance for business

Why has making a business plan become more complicated?

Globalisation
Global financial crisis
Climate change
Cyber threats
Terrorism
Trade wars (For eg. Brexit)
Social media can kill a company
Pandemic
Fast- Changing rules and laws applicable on a different level, local regional, and global. These affect your business plan and your profit. That's why you need to have some basic knowledge of legal rules.

Why do laws exist?

  1. Law creates a stable society in which people feel secure and can participate
  2. Law stipulates rights and duties
  3. Rights and duties apply in a territory (jurisdiction)
  4. A legislator and or judges create law
  5. The authority to create law is defined in a state's constitution.
  6. Court enforces the law
  7. Law is dynamic; existing rules change and new rules are enacted.

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