Regulatory Framework and Legal Issues in Business primarily addresses issues related to the creation of new businesses, which arise as existing companies deal with the public, government, and other companies.It consists of many legal disciplines, including contracts, tax law, corporate law, intellectual property, real estate, sales, immigration law, employment law, bankruptcy, and others.

Discuss the importance of the subject Regulatory Framework and Legal Issues in Business.Be specific and try to relate the Regulatory Framework and Legal Issues in Business subject to your Bachelor Science of Accountancy.