{"id":12008,"date":"2022-12-04T02:59:33","date_gmt":"2022-12-03T19:59:33","guid":{"rendered":"https:\/\/umsu.ac.id\/?p=12008"},"modified":"2023-02-03T18:49:18","modified_gmt":"2023-02-03T11:49:18","slug":"hukum-bisnis","status":"publish","type":"post","link":"https:\/\/umsu.ac.id\/en\/hukum-bisnis\/","title":{"rendered":"Business Law Definition, Purpose, and Sources"},"content":{"rendered":"<p><strong>Business Law Definition, Purpose, and Sources<\/strong><\/p>\n<p><strong>Definition of business law<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Business law can be understood as a law that regulates economic activity. These activities are in trade, services, and finance, continuously carried out to gain profit. In principle, business law is a written rule by the government intended to regulate, supervise and protect all business activities, including industrial, trade, and service activities, and all matters related to finance and other business activities.\u00a0<\/span><em><span data-preserver-spaces=\"true\">Business Law<\/span><\/em><span data-preserver-spaces=\"true\">\u00a0is a regulation issued by the government to regulate trade in economic activities to realize the security and prosperity of the Indonesian economy. Violation of the rule of law in this business area is subject to severe penalties.<\/span><\/p>\n<p><strong>Understanding of Business Law According to Experts<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">According to Abdul Saleman<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">According to Abdul R. Saliman et al., Business Law or Business Law\/Bestuur Rechts is the whole of legal regulations, both written and unwritten, which regulate the rights and obligations arising from<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Dr. Johannes Ibrahim, S.H., M.Hum<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">Business Law is a set of legal regulations that are held to settle and solve problems that occur mainly during human-to-human activity in the trading area.<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Business Law Resources<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">Sources of business law relating to the basis for the formation of business law. Namely as follows:<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The principle of the contract is what is done by the parties so that each party fulfills the contract.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The principle of freedom of contract, according to which organizers can make and decide for themselves the contents of the agreed contract.<\/span><\/p>\n<p><strong>According to the regulations, the sources of business law are as follows:<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">The Civil Code (KUHPerdata) regulates temporal relations and relations between individuals and legal entities. The Civil Code regulates buying and selling, leasing, borrowing (including credit), etc<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The Criminal Code (KUHP) regulates, among others, crimes in business, such as fraud.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">The Commercial Law Code (KUHD) specifically regulates commercial matters not regulated by civil law, such as the form of company, including CV and company.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Other provisions of civil, criminal, and non-criminal laws, such as company laws regulated by the Company Law or laws related to participation capital, namely the Investment Law.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Purpose of Business Law<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Business laws are made to regulate and protect businesses against various risks that may arise in the future. Below are some business law objectives that need to be known.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Adequate and appropriate functioning of market security mechanisms.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Protect various types of businesses, especially types of small and medium enterprises (SMEs).<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Help improve the financial system and banking systems.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Protect employers or contractors.<\/span><\/li>\n<\/ul>\n<p><strong>Scope of Business Law<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Business Law itself covers the following areas, among others:<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">1. Trade Contract.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">2. Legal aspects of business entities.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">3. Work relationship.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">4. Industrial Intellectual Property Rights.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">5. Prohibition of monopoly and unfair competition.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">6. Consumer protection.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">7. Taxes.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">8. Coverage<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">9. Settlement of trade disputes.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">10. Bankruptcy.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">11. Traffic Act.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">12. Banking and Securities Law.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">13. International trade laws or international agreements.<\/span><\/p>\n<p><strong>The importance of Business Law<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Business laws play an essential role in regulating business practices in the country. Here are a few points that show why company law is so important:<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Compensation Issues:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0Business Law is fundamental in dealing with various organizational pricing issues.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Protection of Shareholder Rights:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0Business law plays an essential role in protecting the rights of company shareholders. Experienced corporate law attorneys can successfully handle state-like circumstances.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">Company incorporation:<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0Business law is the foundation of all transactions. Starting a business involves a lot of legal processes, leases, and permits. A business law attorney has experience with all relevant regulations and can help a business build its operations successfully.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business Law Definition, Purpose, and Sources Definition of business law Business law can be understood as a law that regulates economic activity. These activities are in trade, services, and finance, continuously carried out to gain profit. In principle, business law is a written rule by the government intended to regulate, supervise and protect all business [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12009,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":""},"jnews_social_meta":{"fb_title":"","fb_description":"","fb_image":"","twitter_title":"","twitter_description":"","twitter_image":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[2077],"tags":[2266],"yst_prominent_words":[],"class_list":["post-12008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opini","tag-hukum-bisnis"],"_links":{"self":[{"href":"https:\/\/umsu.ac.id\/en\/wp-json\/wp\/v2\/posts\/12008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/umsu.ac.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/umsu.ac.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/umsu.ac.id\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/umsu.ac.id\/en\/wp-json\/wp\/v2\/comments?post=12008"}],"version-history":[{"count":5,"href":"https:\/\/umsu.ac.id\/en\/wp-json\/wp\/v2\/posts\/12008\/revisions"}],"predecessor-version":[{"id":12955,"href":"https:\/\/umsu.ac.id\/en\/wp-json\/wp\/v2\/posts\/12008\/revisions\/12955"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/umsu.ac.id\/en\/wp-json\/wp\/v2\/media\/12009"}],"wp:attachment":[{"href":"https:\/\/umsu.ac.id\/en\/wp-json\/wp\/v2\/media?parent=12008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/umsu.ac.id\/en\/wp-json\/wp\/v2\/categories?post=12008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/umsu.ac.id\/en\/wp-json\/wp\/v2\/tags?post=12008"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/umsu.ac.id\/en\/wp-json\/wp\/v2\/yst_prominent_words?post=12008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}