Question

Cite and describe the major classifications of law. Explain how law affects your personal or social...

Cite and describe the major classifications of law.

Explain how law affects your personal or social life and business life or business operations.

Identify some typical issues for people who are ethically concerned with the environment.

Discuss the relationship between ethics and the law.

What are the 3 major classification of crimes?

Compare contributory negligence with comparative negligence and provide examples of each.

Provide some examples of speech that may constitutionally be limited or silenced.

Describe the process used to amend the Constitution.

Name at least three administrative agencies at each level of government: federal state, and local.

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Answer #1

Explain how law affects your personal or social life and business life or business operations

Explanation:

  1. Law affects various citizens and businesses in different ways.
  2. For example in India, the Constitution as Law has passed the Bill on GST has greatly benefitted both businesses and consumers.
  3. Earlier total cumulative taxes paid by telecom industry was more than 21%, and had higher compliance costs and higher prices for services offered.
  4. Now after implementation of GST as tax the compliance costs and multiple delays have been shrinked and effective GST rate is 18% which has thus reduced overall prices of services offered.
  5. This has helped businesses achieve higher revenues and customers getting better savings.
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