Wednesday, December 4, 2013

Business Law

Running head : BUSINESS LAWNameInstitutionIntroductionThe United States constitution has a number of articles that concern business activities in general . Their cellular inclusion in the document was meant to realise the rights and obligations of businesspeople were given juristic statusArticle I section 7 outlines that all bills for raising acknowledge will originate in the House of Representatives . It goes on to stupefy how these bills will be passed . This is important as it protects the business company from arbitrary imposition of taxes by local and state arrangement . Section 8 gives congress the berth to impose taxes and duties on imports and exports and makes such levies uni skeletal frame throughout the United States . A level playing field is created by this proviso Goods and run originating form hotshot st ate will not be subject field to punitive taxes and duties in other states . This allows for white competition in the midst of states in the sale and selling of their products The same section bring forward gives Congress the power to regulate commerce among states , foreign nations and the Indian tribes .
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Congress therefore acts as an arbiter in issues of frays by setting up commissions of inquiry to establish and come up with solutions to challenges facing passel and commerce . Without a body to clear up with dispute resolution the marketplace would be very chaoticSection 9 allows for the immigration of persons into states subject to a fee not ex! ceeding cristal dollars . The spare movement of people is vital to the free commingle of jab . Unrestricted movement of wear allows for one to take up employment which will offer the go well-nigh remuneration anywhere in the nation . Further labor shortages in one region can be put to work by attracting labor from outside that state . This will ensure that firms remain competitive in production by domineering labor costsBusiness Law PAGE \ MERGEFORMAT 1...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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