BUSINESS 2020

International Business law questions and answers Business law (Shanghai University) lOMoARcPSD| 1. P28 a Explain the “law” and the main sources of law. Law is a formal social control mechanism that provides a structure for dealing with and resolving possible disputes, as well as means of deterring those who wish to disturb social order, that is, it prescribes what people can and cannot do. Law is the tool of the ruling class to realize class rule, which reflects the will of the mino...