The Securities and Exchange Commission (SEC) has recently adopted an online express system where documents may be requested and paid through an Internet website portal. The service covers both plain or authenticated copies. Payment is done either through VISA or MasterCard. The documents are delivered within three working days to anywhere in the Philippines.
Learning business law starts with understanding rights and obligations. From commencement until termination, a business acquires rights and incurs obligations.
An obligation is a juridical necessity to give, to do or not to do. Otherwise stated, an obligation is one that creates a compulsion on a person to do or not to do an act that may be enforced through legal processes. Continue reading here.
LEGALASPECTS.PH is the online resource for business laws and best legal practices for managers in the Philippines.
The primary aim of studying and learning business law is to avoid incurring liabilities that may arise in the course of managing and operating a business. With various and increasing government regulations, a business can easily find itself short on legal compliance resulting in paying excessive fines or penalties. Further, without the legal framework to protect a business, an enterprise can easily suffer or be wiped out by costly, expensive, and protracted lawsuits.
Thus, the modern business manager is now expected to be armed with legal knowledge and skills that have to be applied in strategy management, administration, and operations.
For these reasons, LEGALASPECTS.PH aims to provide business managers with a rich content of information on business laws and best legal practices.
This Site serves as a repository of business laws for the quick and easy reference of entrepreneurs, business owners, and corporate managers. The content will include business-related statutes, regulations, and Supreme Court decisions. In addition, this Site promotes best legal practices through various articles explaining how business laws operate and should be applied in enterprises to avoid liabilities.
It is hoped that this site will help business managers in running, operating, and managing businesses in compliance with the law!