Where Did Our Business Laws and Regulations Come From – How Have They Changed?

The Business Laws in our nation and our regulations have become so complex they seem to be choking the viability of not only our court system, but also adding layers of laws to companies to the point of suffocation.

The bureaucracy is not only in government, but it has reached all levels of business small, medium and large. Of course, some rules of the game are needed to help our economic machine with standardization.

But, with all the case law, written laws and lawsuits, the laws no longer serve the purpose of allowing business to know in advance what to expect or give them adequate measure to dictate policies within their companies.

One thing that I have noticed is that if you pick up an old business law book prior to 1940, well, there is no much in it. It’s pretty simple and down to earth. When reading through the chapters you’ll find that it all makes sense, it’s all traceable and you can find meaning.

Today things are much different. I would advise any MBA student or individual looking to get into business law to read old business law books and text books. In fact, let me recommend a very good one to you that I have in my own personal library:

“A Text Book of Law and Business” by William H. Spencer; McGraw-Hill Book Company Incorporated; New York, NY; 1938.

If you ever find yourself asking the questions; 1.) Where Did Our Business Laws and Regulations Come From or; 2.) How Have Our Business Laws Changed Over the Years? Then just reading through this work will shed some light on the subject. So, think on it.

History Of Business Law Degree

It has been told that Doctor Juries is the first person to be awarded a professional degree and doctorate in the Business law degree professionally.

In the United States the degree was for the first time awarded in the Harvard University.

This took place in the 19th century, which was found to be similar to the Business law degree of an old European doctor.

The scientific study of law which originally originated from the 19th century in Harvard was the only degree of law that had a goal of an elementary preparation for professional business lawyers.

It only had a three year program and it was the only program which was professional in law in that particular time, in that jurisdiction.

Let’s take like for instance in Canada and the United States of America, a professional degrees such as D.D.S, D.O, M.D. and like many others the thesis were not very much required.

Primarily the degree only existed in the USA, not until the early years in the 1997; it happened that most of the other universities around the world in other countries appear to have started using it for the very first time.

In each and every country, Business law degree has its unique way of being practiced.

With a touch on the history as we all know, every thing that has an existence or once existed in this world it must have a historical aspect of it, lets have a little of an over view of the first time of the original roots of the Business law degree.

The foundations first started its existence in the 11th century in the European universities which was referred to as glossators which were the schools of law.

Bologna was the first university in Europe which was founded as a law school and later in the 12th century became very popular with in the legal scholars.

These were the students from the Glossator School which was within the city. The Bologna University was the model university which severed as medieval during those days.

During those days, it was very common for the students who studied law to visit other countries to study.

But like in the Great Britain this was not the case because of the rejection of Roman law but with an exception for the Admiralty court which had a jurisdiction.

This was so until after the reformation of English, the Cambridge and the Oxford University did not teach the canon law.

Business Laws Unveiled

Each and every person in this world must have at least once thought about opening some sort of business to increase his or her income. No matter if you are thinking about opening a small family business or a larger company, you cannot do anything but obey the business laws! If you don’t, you and your business can get into serious trouble!

In case you are under the impression that you need to be a graduate of a business law college or have a business law major in order to understand and use some of the basic ideas of small business law and corporate business law, you are making a very big mistake. Perhaps you have heard form the news and the headlines that employment law for business is one of the most dangerous fields, as a person can easily break the business laws and regulations.

The least any business man should know is that he or she must meet the general international business laws. You must also consider the export laws, import laws and but, by all means, one must obey to the specific laws of the country in which your business is situated.

Should you own a company that operates in your home country, then you must get to understand the business laws there. If you cannot manage to get a business permit or license, you can find yourself in a great amount of trouble, as your business can get shut down. Not to speak about the inconveniences due to business and hefty fines and penalties!

If you thought that Internet and online businesses do not need to take these rules seriously, then you can have the unpleasant surprise of getting serious problems. Of course these types of business need to obey the business laws, but they are called Internet compliance laws. Therefore, should you be operating a website of any kind and do not care about all these rules and regulations, criminal prosecution and hefty fines are waiting for you right across the corner.

Well, if all these bad things have made you fear doing business of any kind, you must know that no one expects you to be able to navigate the complexities of any type of business law by yourself! The best option for you is asking for help from a qualified professional of a business law firm. This way you will never get into trouble of any kind!