Bussines Law Essay Example | Topics and Well Written Essays - 750 words - 1

Bussines Law - Essay Example One of these categories is the business law. Business law involves all the laws that govern the relationship between any business entity and all the parties involved in the entity’s practices. Business law provides guidelines on how a business body conducts its practices with all the stakeholders like the employees, the customers, the society and the shareholders. Therefore, the rules contained in business law provide an avenue for resolving any dispute pertaining business practices (Cabrelli 22). Some of the fundamental elements in business law are the employment law and the contract law. Contract law governs the relationship between a business firm and any party that may enter into a contract with it, while employment law relates the business firm with its work force. Employment law falls under both the state statutes and the federal laws. Its scope extents to employees claim involving termination of employment contracts, discrimination, and employee’s compensation. This type of business mainly deals with the employees’ and the employers’ relationship with each other, their actions, and their responsibilities in the work place. When incorporated into employment law, contract law governs the agreement between the employer and the employee (Cabrelli 67). In this context, all the elements of contract law applies in establishing the terms and conditions of employment. In the subject case concerning Jill’s employment, the major types of laws that will be applied is both the employment law and the contract law. Employment law will represent the entire relationship between Jill and the Momma Mia Company, while contract law governs the agreement between Jill and the company. Therefore, Jill will pursue the elements of employment and contract law during the judicial process. On the first element involving the violation of contract, the plaintiff must argue that the agreement was made after consideration