Business law is very important in my future career as I am a Bcom accounting student that means my career will definitely be in finance sector or other careers . Commercial law is important because it will regulate trade between businesses and consumers, it creates regulated systems that are fair to all parties involved in trade by conducting it in a reasonable manner. Commercial law will help resolve disputes and conflicts; outline the legal responsibility of a business and consumers; helps understand and manage financial transactions. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get Original Essay In my future career I am bound to have some sort of conflict or controversy with stakeholders. I will be able to solve these problems with business law because it will resolve any conflict or dispute that I may encounter in the future by taking advantage of the subsequent stages of negotiation, mediation, arbitration and litigation. Therefore, this is why business law is vital for my future career. Business law outlines the legal responsibilities of a business and consumers, when interacting with other businesses or customers it will be very important to know my legal responsibilities and obligations as a business or as a customer; I need to know that I am obligated by a number of legal and ethical responsibilities. I must be able to outline terms and conditions to other stakeholders, they are also obliged to fulfill their obligations, just as I should. Therefore, this will protect me and other parties involved from any disputes and conflicts and will also help me avoid a lawsuit in my name. You may also be interestedGolden rules for choosing a dream careerWho to be? The question "who to be?" belongs to those that are often impossible to answer. How to choose a profession and not be disappointed? Say no… The business world is also a vast industry with many transactions going on, it will be crucial for me to understand and manage the financial transactions that happen in my career. Transactions are bound to happen, being able to manage and understand them is vital to a successful career or business. When in an entity that operates with high volumes of financial transactions it is crucial to know how to manage these transactions and also understand how they work, this will help achieve career goals because I will have an advantage over my competitors. This is why business law is very important to my career because everything I have to do must be lawful and reasonable according to the standards set by law. Please note: this is just an example. Get a customized document from our expert writers now. Get a Custom Essay My career would be a disaster without business law because it will help me understand and manage financial transactions; outline the legal responsibilities I have as a business and consumer. Commercial law will help manage conflicts and disputes that may arise in the near future; having business law will improve my career chances to succeed in a positive way, so it is very vital to have it in my future career. Linkilaw References, 2016 Business Structure, Business Law, Business Law is Essential to Your Success, viewed March 20, 2020, https: //linkilaw.com/business-structures/commercial-law/