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1. What is business law according to your understanding? 2. Why is it important for management practices? 3. Why do you need to learn business

1. What is business law according to your understanding?

2. Why is it important for management practices?

3. Why do you need to learn business law for your business management program?

4. What legal issues do business owners potentially face?

5. How does the legal environment affect a manager?

6. How does the business law affect management activities?

Please answer the following questions based on the case study "Innovate LLP: Legal Dilemmas in the start-up world"

What has Michelle Lee done right and what has she done wrong?

Did Lee consult with a lawyer too early? Why or why not?

Are there other questions Lee should have asked the lawyer?

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