Business and commercial enterprise takes place within a legal context and, in the final analysis, is governed and regulated by law. One of the problems facing the person studying business activity, and the one that is specifically addressed in this book, is the fact that business enterprise takes place within a general and wide-ranging legal environment, but the student is required to have more than a passing knowledge of the legal rules and procedures which impact on business activity. The difficulty lies in acquiring an adequate knowledge of the many areas that govern such business activity. Law students legitimately may be expected to focus their attention on.
