Why is the study of the Philippine Constitution, Corporation Law, and laws on Obligations and Contracts highly fundamental in the study of tourism?
Question
Why is the study of the Philippine Constitution, Corporation Law, and laws on Obligations and Contracts highly fundamental in the study of tourism?
Solution
The study of the Philippine Constitution, Corporation Law, and laws on Obligations and Contracts is highly fundamental in the study of tourism for several reasons:
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Understanding the Philippine Constitution: The Philippine Constitution is the fundamental law of the land. It provides the legal framework for the operation of the government and the rights and responsibilities of the citizens. Understanding the constitution is crucial for anyone involved in any business or industry in the Philippines, including tourism. It helps in understanding the legal environment in which the tourism industry operates.
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Knowledge of Corporation Law: Corporation Law governs how corporations are formed and operated. In the tourism industry, many businesses are incorporated, such as hotels, travel agencies, and tour operators. Understanding Corporation Law helps in the proper formation and operation of these businesses. It also helps in understanding the rights and responsibilities of the shareholders, directors, and officers of these corporations.
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Familiarity with laws on Obligations and Contracts: The tourism industry involves a lot of contracts. These can range from contracts with suppliers, contracts with customers (such as booking agreements), and employment contracts with staff. Understanding the laws on Obligations and Contracts helps in drafting and interpreting these contracts. It also helps in understanding the legal remedies available in case of breach of contract.
In conclusion, the study of these laws is fundamental in the study of tourism as it provides the legal knowledge necessary to operate within the industry. It helps in understanding the legal environment in which the tourism industry operates, the legal requirements for operating a business, and the legal implications of various business transactions.
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