Oh what a good question!
Imagine you doing your businessess without any legal means(law) to protect you and you business interests, you will later in future understand that you have jeopardise with the growth of your business.
It is 100% important for you to place the law under your business in order to guarantee the safety of you yourself. your business, and most expecially your business funds.
For your question, it is important to know the law in every business because it will therefore guarantee your safety in doing business in all level.
Some reason why you shoulf know the laws in business consist of the following such as:
# It make you know the potential legal issues as they comes up in a business
# it helps in knowing how to take a better decision towards a business
# it helps to understand the limit attached to a business in other not to fall a victim of fraudulent act
# it helps in knowing how to take legal action in the case where any arises.
Hope i have giving you some tips on why it is important to know the law in a business.
Thanks for reading
