1. In your opinion, what is the purpose of law? Why does a society needs laws?...

1. In your opinion, what is the purpose of law? Why does a society needs laws?

2. What is the difference between trademark and patent?

3. What advantages does franchising provide to franchisers as well as franchisees? If you were to start a business, would you open a franchise, why or why not?

4. What is the importance of having a contract?

Expert Solution

1.

The law serves many purposes and functions in society. Four principal purposes and functions are establishing standards, maintaining order, resolving disputes, and protecting liberties and rights.

I can only answer 1 question at a time so I am solving question 1. Please do rate me and mention doubts in the comments section.

jeff jeffy answered 1 month ago

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