Business law may sound dry because it has to do with law and order. It is still very exciting because it reflects everyday economic life. In all its complexity. Not least because of this, it is an important pillar for economic prosperity. Reason enough to take a closer look at it, because business law is as fundamentally important as democracy.
Without commercial law, chaos would be the order of the day, everyone could do business how and where and with whom they want. Because everyone wants to earn money, some even want to set up their own company. Ultimately everyone is in competition with one another. Business law steers this endeavour in a regulated manner, even if not everyone adheres to it. Thus, DB Company thought of the commercial law before creating the fahrplanauskunft db.
DB Company: Business law affects everyone
As you can see, commercial law affects not only large and small, established and newly founded companies but also private consumers. As soon as you participate in business life, it regulates a plethora of exciting questions in daily life and business life.
Business law is the generic term for the law of business transactions and the legal basis of economic policy.
DB Company: Business law is central
A conflict-free coexistence of the population is unthinkable without law nor is a functioning economy conceivable without commercial law. The law is therefore a very important factor in avoiding and resolving disputes among those involved. This is especially true in all economic relationships. They form the basis of society and are of fundamental importance because of their material value.
Anyone who wants to participate commercially in the market must, therefore, know the basics of commercial law. Only if commercial activity is legally secured can it be crowned with success in the long term.
Without anchoring in commercial law, business conduct always remains risky. In short, you should know your way around and know where the limits of what is allowed are. However, this also applies to economic operators as consumers, keyword music downloading or video streaming. Not everything that is possible is necessarily legal.