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Business law
covers a wide range of legal services that can consist of business formation and dissolution, the collection of money owed to businesses, and general legal advice to business owners, partners, and corporate directors.
 


  It also involves the drafting of agreements and contracts between suppliers and distributors, as well as businesses and their customers. 
 

Another important aspect of business law involves employer-employee interactions like company employment policies and Employee Stock Ownership Plans (ESOPs).