Diploma in Business Law and Ethics

It’s proved that behind the success of country business world play important role. Successful business has its own features. There are a lot of forces which impact on business for the resistance against those forces there are law and regulations. To follow those laws is necessary for all businessman, these laws protect business and help to be successful. Business affected by ethics.

Ethics impact on business from different ways. At different epochs of the world, people, especially the elites of the world, were blind to ethics and morality which were obviously unethical to the succeeding epoch. Business law determines the minimum standards of behavior expected of companies and sole proprietorships. Business ethics go beyond simple legality. They describe the way a business should behave – how a business does what it is legally obligated to do.

Ethics are not as much a specific code of conduct as they are values to be upheld and practiced. Business law, or commercial law, is the body of law that relates to trade and commerce, banking and investments, contracts, marketing and advertising, incorporation and corporate structure, and finance and collections. 

Business law determines the minimum standards of behavior expected of companies and sole proprietorships. Enforcement of these laws on a corporate scale generally consists of fines charged to the corporation. Individual accountability for corporate crime has to be proven to have taken place by the responsible party.

Business ethics go beyond simple legality. They describe the way a business should behave – how a business does what it is legally obligated to do. Ethics are not as much a specific code of conduct as they are values to be upheld and practiced. They are the spirit of the law, as opposed to the letter of the law. This is designed to create an environment of personal accountability within the business, where there is none under the law.

Business ethics also shape the perspective that the public uses to view a business. Values like honesty, integrity, confidentiality, respect – those are values that are a part of business ethics. While the law may not require you to tell the complete truth in a business situation, such as when a manufacturer uses “puffery” to describe an object, being honest about the product will gain a business a reputation for being ethical.

This course examines the ethic’s impact on business. It enables us to understand how different value system, laws and epoch effect on business. The objective of this course is to enhance the value of business law and Ethics. The aim is to spark and discussion between business law and Ethics from different angles.

The main purpose of this course is to understand the success of business under the rule and regulations.

By the end of this course, you will have a clear understanding of the legal environment in which businesses operate. This course is comprised of the following:

• Nature and Sources of Law
• Litigation vs. Alternative Dispute Resolution
• Torts
• Contracts
• Property Law
• Intellectual Property
• Employment Law
• Criminal Law and Business
• Business Organizations
• Business Regulation
• And many more.