C S VAN HEERDEN 20
LAW AND THE BUSINESS WORLD 2022 C S VAN HEERDEN
, Introduction:
▪ The Law is important in the business world.
▪ Legal Subjects: mercantile law, commercial law, business enterprise law, tax law.
Aim of combining Law and Business:
i) Distinguishes between the different types of businesses – within context of SA’s colonial histo
ii) How businesses makes money through contracting with their employees and clients.
iii) Considering: profit of businesses in terms of paying taxes.
iv) To ponder: some provocative & critical thoughts on the role and place of business in a
transformative democracy.
LAW AND THE BUSINESS WORLD 2022 C S VAN HEERDEN
, In South African law there are 5 types of business organisations/ structures / entitie
Sole trader
Partnership
/Sole-proprietorship
TYPES OF
BUSINESS STRUCTURES /
ENTITIES
Business trust
Company
Close corporation
LAW AND THE BUSINESS WORLD 2022 C S VAN HEERDEN
LAW AND THE BUSINESS WORLD 2022 C S VAN HEERDEN
, Introduction:
▪ The Law is important in the business world.
▪ Legal Subjects: mercantile law, commercial law, business enterprise law, tax law.
Aim of combining Law and Business:
i) Distinguishes between the different types of businesses – within context of SA’s colonial histo
ii) How businesses makes money through contracting with their employees and clients.
iii) Considering: profit of businesses in terms of paying taxes.
iv) To ponder: some provocative & critical thoughts on the role and place of business in a
transformative democracy.
LAW AND THE BUSINESS WORLD 2022 C S VAN HEERDEN
, In South African law there are 5 types of business organisations/ structures / entitie
Sole trader
Partnership
/Sole-proprietorship
TYPES OF
BUSINESS STRUCTURES /
ENTITIES
Business trust
Company
Close corporation
LAW AND THE BUSINESS WORLD 2022 C S VAN HEERDEN
