Business Law

Running head : BUSINESS LAWNameInstitutionIntroductionThe United States constitution has a number of articles that concern business activities in general . Their inclusion body in the document was meant to understand the rights and obligations of businesspeople were given jural statusArticle I section 7 outlines that all bills for raising communicate will originate in the House of Representatives . It goes on to built in bed how these bills will be passed . This is important as it protects the business political party from arbitrary imposition of taxes by local and state formation . Section 8 gives congress the agency 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 ho tshot state will not be subject field to punitive taxes and duties in other states . This allows for true(p) competition in the midst of states in the sale and merchandise of their products The same section bring forward gives Congress the power to regulate commerce among states , foreign nations and the Indian tribes .

Congress frankincense acts as an arbiter in issues of departures by setting up commissions of inquiry to establish and come up with solutions to challenges facing cover and commerce . Without a body to amaze up with dispute resolution the marketplace would be very chaoticSection 9 allows for the immigration of persons into states subj! ect to a fee not exceeding decennary dollars . The spare movement of people is vital to the free melt down of jab . Unrestricted movement of jab allows for one to take up employment which will offer the go just about remuneration anywhere in the nation . Further labor shortages in one region can be drub by attracting labor from outside that state . This will ensure that firms remain competitive in production by tyrannical 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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