Why are these important for a business manager concerned

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Why are these important for a business manager concerned with managing the legal aspects of his or her business?

1. Understanding sole proprietorships and general partnerships and Limited Liability Partnerships

2. Breach of contract and remedies

3. Rights and duties of creditors and understanding credit

4. Employment and Labor laws ie Minimum wage

5. Product Liabilities

Reference no: EM131801330

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