One of the problems facing the person studying business activity, and the one that is specifically addressed in this book, is the fact that business enterprise takes place within a general and wide-rang- ing legal environment, but the student is required to have more than a passing knowledge of the legal rules and procedures that impact on business activity. The difficulty lies in acquiring an adequate knowledge of the many areas that govern such business activity Law students may legitimately be expected to focus their attention on the minutiae of the law, but those studying law within, and as merely a component part of, a wider sphere of study cannot be expected to have the same detailed level of knowledge as law students. Nonetheless, they are expected to have a more than superficial knowledge of various legal topics.