A very detailed and well-established physique of rules that advanced over a really lengthy time frame applies to business transactions. The want to regulate trade and commerce and resolve business disputes helped form the creation of legislation and courts. The Code of Hammurabi dates back to about 1772 BC for example and incorporates provisions that relate, among other issues, to delivery costs and dealings between merchants and brokers. The word “corporation” derives from the Latin corpus, meaning body, and the Maurya Empire in Iron-Age India accorded authorized rights to enterprise entities. Generally, firms are required to pay tax just like “real” people.
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Skilled Leisure Banking
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International Business Administration
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