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Essay on How Laws Effect Business in Haiti

Assignment id 1012498
Discipline Writing
Assignment type Essay
Words 1081
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Legislation isn't as crucial as the air we breathe, the foods we consume; thus, it is very similar based on its own significance. A society implies its natural welfare though prosperity and peace; that, it is in turn guaranteed by the strict applications of laws. As social being, individuals may find themselves in specific problems that require particular conditions (regulation or rules) to establish agreements etc.. Consequently, law affects every part of life. The legislation occasionally serve us as guidance, preventive measures and conditions to take care of individuals, resolve conflict, litigation and so on. In business, legislation are imbedded in just about all procedures or processes. Anything must be taken seriously; since there is always a law which defines its power, its standards and so on. As a result of holistic implication of law in the business environment of any nation on the planet; Business Law has emerged as a noticeable area of study. That’s the reason ; this paper aims to describe three ways in which legislation exert its effects on business in a certain country -Haiti. Not only that, but tends to depict the nature and the resources of the law; it will give possible reasons for the law. It also intends to explain the positive and the negative effects of legislation on business. And then, it suggests ways the law ought to be improved. The first way laws influence business in Haiti refers as the starting of the company; that is, in the production process of the provider. For starting a company in Haiti, the Haitian law requires many processes; which has significant impacts on the company environment of the country. Those laws stipulate the starting process of a company in twelve (12) processes. Those processes continue at least 105 days and cost abou...

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