Gies School Of Enterprise
The want to control commerce and commerce and resolve business disputes helped shape the creation of law and courts. The Code of Hammurabi dates again to about 1772 BC for instance and contains provisions that relate, amongst different matters, to transport prices and dealings between merchants and brokers. The word “company” derives from the Latin corpus, meaning body, and the Maurya Empire in Iron-Age India accorded authorized rights to business entities. Generally, corporations are required to pay tax similar to “real” individuals. Research and growth refer to actions in connection with company or government innovation. Research and growth represent the primary stage of development of a potential new service or product.
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