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Business law is the set of laws that governs the formation, operation, and management of businesses. A sole proprietorship operates similarly. Ideally, a trained business lawyer should monitor all commercial concerns, business choices, business transactions, business debts, employee rights, state laws, contract drafting, regulatory compliance, limited liability, mercantile law, and any other legal needs. A corporation must observe all local, state, and federal laws. The field of business law covers plenty of topics such as Contracts, property rights, corporate governance, taxation, business creation and dissolution, consumer protection, and environmental restrictions. You can also hire a Law writer for business assignments, if you need any guidance.