This new edition of Modern Business Law: Principles and Practice covers both traditional and contemporary elements of business law and all relevant legislation, including European legislation, which impinges upon the business environment. In recent years there have been many changes in business practices, technology, legislation, and international trade, particularly within Europe. These changes have had an impact on both the legal principles and the practices of the business community. Consequently these changes have been reflected in the syllabuses of the major professional bodies and degree courses. This book examines these legal developments and offers an accessible and comprehensive text for both professional students and undergraduates studying business law.