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I’m working on a Business Law question and need guidance to help me study.
Law is always evolving. It slowly changes over time in response to its environment. In business, new types of products, services, and practices drive the development of law as it is forced to adapt to situations we can’t even think about today. A great example is the gig economy created by companies such as Uber and Lyft and their do-it-yourself ride service.
What new developments do you think will present the need to rethink and re-evaluate how business law concepts apply today or in the future? Respond in great detail. Provide rationale for your response.