Week 1-2: Introduction to business

The concept of business has enough definitions and applications that we could almost say that everything is business. Throughout this course we will explore the various functions, roles, and characteristics of business while keeping in mind that business is like the air we breathe—it’s everywhere!

Major Content

Definition of Business Law, Scope of Business Law, Aspects and functions of Business Law, Limitation of Business Law.

Importance of Business Law.  Contract, Types of Contracts, Characteristic of Valid and Void contract