B-Law, short for business law, refers to the set of legal rules and regulations that govern the rights, relations, and conduct of individuals and businesses engaged in commerce. It encompasses various areas, including contracts, sales, and employment law, ensuring that businesses operate fairly and ethically. This area of law helps resolve disputes and provides a framework for business operations, protecting both consumers and companies. Key components of B-Law include contract law, which outlines the agreements between parties, and corporate law, which deals with the formation and management of companies.