Concept of law Act 1872–Part-1
This is a part of lecture presented by Mr. P.C Jangir, Vice Principal of Biyani Girls College. Law is that branch of knowledge includes rules regulations by laws and legal systems based on Justice Equity and good conscience. It is made by ‘Savrign’ for a particular country
Business law is concerned the truncations of mercantile persons for fulfillment of their legal obligations to each other.
So their rights and properties are protected according to law.