Federal Law and Business Regulation

Running head: Federal Laws and Business Regulation

Federal Laws regulating internal functions of businesses

Lisa York

GEN 690

Baker College

March 28, 2009

Table of Content

1. Abstract

2. Introduction

3. Agency Law

4. Types of business entities

5. Federal Laws that Impact the business environment

6. Impacts of Laws on Business

7. Impact of Federal Laws on e-business

8. Conclusion

Abstract

Agency Law is an area within the government of United States that regulate the policies and procedures of all businesses. Some of the organizations that fall under agency law are the Equal Employment Opportunity Commission (EEOC), Environmental Protection Agency (EPA), and Occupational Safety Health Administration (OSHA) and in this paper I will examine each segment including the history, principles, liabilities and duties therein. Such governmental segments regulate how businesses operate in their own unique way and the different types of business entities that deal with agency law will be explored. Identification of the different applications of agency law in the business environment will be determined as well as the impacts of each agency on each type of business entity.

Introduction

This paper will concentrate on agency law, how the definition is determined, including the history, principles, liabilities and duties therein. The different types of business entities that deal with agency law will be explored. Identification of the different applications of agency law in the business environment will be determined as well as the impacts of each agency on each type of business entity. Finally, the impact of e-business on the global legal environment will be explained.

Agency Law

Based on the definition from Law for Business, agency law primarily "focuses on the relations between principals and agents and the third persons with whom agents deal in making contracts on behalf of principals."...