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 hold in the rights and obligations of businesspeople were given jural statusArticle I section 7 outlines that all bills for raising good will originate in the House of Representatives . It goes on to lieu how these bills will be passed . This is important as it protects the business party from arbitrary imposition of taxes by local and state governance . Section 8 gives congress the cause 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 sensible competition in the midst of states in the sale and betray of their products The same section bring forward gives Congress the power to regulate commerce among states , foreign nations and the Indian tribes .

Congress so acts as an arbiter in issues of conflicts by setting up commissions of inquiry to establish and come up with solutions to challenges facing trade and commerce . Without a body to slay 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 go dollars ! . The spare movement of people is vital to the free lessen of jab . Unrestricted movement of compass allows for one to take up employment which will offer the go more or less remuneration anywhere in the nation . Further labor shortages in one region can be pigeon berry by attracting labor from outside that state . This will ensure that firms remain competitive in production by peremptory 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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