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Business LibreTexts

1.2: The Legal Perspective of Business Decision-Making

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  • What you’ll learn to do: understand and describe how a lawyer looks at a business decision.

    In this outcome, you’ll get an introduction to the law as it pertains to business and learn how to think like a lawyer.

    Here are some of the specific things you’ll learn to do in this section:

    • Define and explain the purpose and goals of the law
    • Define, explain, compare and distinguish different theories of law.
    • Understand and explain why understanding law is important to business


    The learning activities for this section include:

    • Reading: Thinking Like a Lawyer
    • Reading: What is Law?
    • Reading: Law and Business

    Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.