In doing business, people create rules to keep their business stable. And afterwards, that rules become LAW. Nowadays, each government gives their own laws for their country, like business law, civil law, criminal law,... and the law must had been accepted by the people of that country before published. Law is the general rules of conduct mandatory general, ordered by the government or recognition, reflecting the will of the ruling class, by the government to ensure the implementation of the measures of education, theory and coercion. Common law is implemented through a court system in which the judge will hear from the parties’ dispute and apply the rules to make a judgment fair and reasonable. The way in which law enforcement is known as the legal system, usually developed on the basis of practice in each country. In this assignment, the BUSINESS LAW (a combination of legal, issued by the state to regulate the economic relation sarising in the process of economic management) will be mentioned, and the company which will be talk about is TRANSCOLINK Jsc., a transporting company in Vietnam. I’m a specialist in the legal department of this company, and I will explain about every contracts and laws of this company.
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