The Rule of Law The concept of the rule of law is the cornerstone of any democratic society and government. It is the law which is used to decide disputes. The law is one of the means for controlling the conduct of businesses. The basic role of law in business decisions is apparent. It contains business in its decisions and its selection of alternative courses of action. Certain conduct is illegal, and if individuals or businesses didn't follow the rule of law and their conduct were declared a crime, they would be subject to sanctions, e. g., fines or imprisonment. The sanctions will include liability for damages, if the conduct is tortuous (involving a wrongful act) or a breach of law. Besides, the law and legal sanctions may be used to prevent certain conduct or to require that certain things be done. If business decisions are not made within the law, sanctions will be imposed. The law is the foundation for the regulation of all business conduct and decisions. перевод текста
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Главная » Английский язык » The Rule of Law The concept of the rule of law is the cornerstone of any democratic society and government. It is the law which is used to decide disputes. The law is one of the means for controlling the conduct of businesses.