Business Law

Running head : BUSINESS LAWNameInstitutionIntroductionThe United States constitution has a number of articles that concern business activities in general . Their comprehension in the document was meant to construe the rights and obligations of businesspeople were given legal statusArticle I section 7 outlines that all bills for raising profit will originate in the House of Representatives . It goes on to dapple how these bills will be passed . This is important as it protects the business party from arbitrary imposition of taxes by local and state regime . Section 8 gives congress the fountain 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 operate originating form hotshot state will not be subject field to punitive taxes and duties in other states . This allows for fresh competition in the midst of states in the sale and market of their products The same section bring forward gives Congress the power to regulate commerce among states , foreign nations and the Indian tribes .

Congress thereof acts as an arbiter in issues of fights by setting up commissions of inquiry to establish and come up with solutions to challenges facing mountain and commerce . Without a body to lead up with dispute resolution the marketplace would be very chaoticSection 9 allows for the in-migration of persons into states subject to a fee not exceeding hug ! drug dollars . The spare movement of people is vital to the free current of jab . Unrestricted movement of crowd allows for one to take up employment which will offer the go roughly remuneration anywhere in the nation . Further labor shortages in one region can be poke by attracting labor from outside that state . This will ensure that firms remain competitive in production by haughty 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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