ฝึกพูดภาษาอังกฤษด้วยเทคนิค Shadowing จากวิดีโอ: What is business law?
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72 ประโยค
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Today we're going to be exploring the fascinating world of business law.
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So what exactly is business law?
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Let's dive right in.
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Business law, which is also known as commercial law, really refers to simply a legal framework.
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And that legal framework governs businesses and commercial transactions.
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Now, business law, of course, encompasses a very wide range of legal principles, rules, and regulations.
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And ultimately, the goal is to try to ensure fair and transparent business practices.
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Now understanding business law is really important for entrepreneurs, business owners, as well as professionals in various fields.
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But let's take a little bit of a closer look at some of the key areas of business law.
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The first area we're going to talk about are contracts.
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Now contracts are fundamental aspects of business law.
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Now, contracts are important because what they do is they establish legal obligations
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between parties and they outline the terms and conditions of those agreements.
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Whether it's sales contracts or employment agreements, understanding contract formation and interpretation and remedies for breach,
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these things are crucial to being able to run a business as in the course of running businesses, we oftentimes create a number of different contracts, whether it's through wholesale relationships,
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whether it's through employment agreements.
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And so understanding the ins and outs of those is extremely important, but also helps us to be able to run our businesses successfully.
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The next element of business law that's important is what we call intellectual property.
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Now, intellectual property rights are, of course, another critical area of business law.
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And intellectual property is something you're probably familiar with, but ultimately is designed to provide protection for creative works.
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And so that includes things like what we call trademarks,
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includes copyrights, and other creative works.
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So ultimately understanding intellectual property helps businesses safeguard some of the innovations they create
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and allows them to protect unauthorized use or infringement by other parties,
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which can be extremely important in order for being able to protect those things that you create.
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Another key area of business law is what we call employment law.
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Now, employment law ultimately governs the relationships between employers and employees.
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Employment law covers such areas as contracts or employment contracts rather, which is a concept that we just discussed in the first section, but also includes things like wages,
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workplace discrimination, and ultimately termination.
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Now, complying with employment law ultimately ensures fair treatment and really protects the rights of both employers as well as employees.
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And as someone who potentially would be running a business in some capacity, understanding employment law is extremely important
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because we need to understand the rules of the game and what is considered to be fair to avoid unfair treatment,
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but also to potentially avoid affecting the business in some way that can open it up for some sort of lawsuit.
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The next element of business law that's extremely important is what we call corporate law.
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Now corporate law ultimately deals with what we call the formation as well as governance of business entities.
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Under this particular category, what's included really is the legal requirements for different sorts of business structures, which includes things like sole proprietorships,
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includes partnerships, as well as corporations.
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And one of the things
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that we're going to discuss a little bit later in the
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course is some of the different specifics with regards to setting up those types of structures.
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And they could have or provide rather advantages for us in terms of taxation and liability and those sorts of things.
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And so corporate law
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is really what provides a lot of the rules related to what we can do with those types of structures.
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Corporate law also defines the rights and responsibilities of titles such as director, shareholders, as well as stakeholders.
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And so it's important for us to understand those particular formalities so that we can operate within the confines of those roles.
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Another important area of business law is taxation, which of course tends to be everybody's favorite topic.
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Now, taxation probably doesn't require a great deal of explanation since it's something
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that just us as individual consumers and we are used to experiencing.
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But ultimately, from a business standpoint, we want to be able to understand some of the basics related to income tax, sales tax, as well as payroll.
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because not only are we responsible for reporting these types of things on behalf of our workforce,
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but ultimately compliance and effective tax planning can have a significant role on the financial well-being of the company. And
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so we need to be able to understand some of the
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elements of the tax code in order to understand not only our responsibilities,
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but also to do some forward range long-term planning to put our businesses into a position to where we're financially healthy.
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The next important element of business law, and I'm running out of space here, so I'm going to start to fill in a little bit of the margins, is what we call dispute resolution.
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Now, dispute resolution is ultimately about resolving conflicts and disagreements
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that may arise as a result or in the course of business transactions.
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Alternate dispute resolution methods like mediation, arbitration, offer efficient and really cost-effective ways to settle disputes outside of a courtroom,
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which can be particularly costly.
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And so business law incorporates dispute resolution
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which is an important way for us to be able to remedy certain disagreements in a very efficient and cost-effective manner.
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Now, the last category of business law is what we call international business law.
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International business law ultimately governs what we call cross-border transactions.
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This also incorporates things like trade agreements and ultimately just the legal consideration when doing business globally.
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And this can become extremely challenging considering
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that the laws in one country may differ from the laws of another country as well.
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But understanding some of those laws and regulations is essential for being able to operate businesses in a global economy,
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which is what we're increasingly finding as a result of globalization over the last 30 to 40 years.
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So to wrap up, business law really provides a legal framework for businesses to operate.
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It helps them protect their rights and helps ensure fair and transparent practices.
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And ultimately, understanding and complying with business law is really important for entrepreneurs,
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business owners, and professionals in all industries as it safeguards our interests, helps prevent legal disputes, and promotes a healthy business environment.
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Vocabulary and speaking notes for this lesson
This C1 speaking lesson is built on the video “What is business law?”. The speaker keeps coming back to these words: ultimately, employment, contract, legal, businesses. This video has 72 sentences and 1085 words to shadow. The speech runs for 6:34. The speaker talks at a natural 165 words per minute, close to everyday conversation. 84% of the words are among the 3,000 most common in English; the rest is worth studying before you start.
Key vocabulary in this video
The 15 most advanced words in the video, with pronunciation and meaning:
| Word | Pronunciation | Meaning |
|---|---|---|
| govern verb | /ˈɡʌv.ən/ | To make and administer the public policy and affairs of; to exercise sovereign authority in. |
| taxation noun | /tækˈseɪ.ʃən/ | The act of imposing taxes and the fact of being taxed. |
| safeguard verb | /ˈseɪfɡɑːd/ | To protect, to keep safe. |
| disagreement noun | /dɪsəˈɡɹiːmənt/ | An argument or debate. |
| remedy noun | /ˈɹɛmədi/ | Something that corrects or counteracts. |
| incorporate verb | /ɪŋˈkɔɹ.pɚ.eɪt/ | To include (something) as a part. |
| entrepreneur noun | /ˌɑn.tɹə.pɹəˈnɝ/ | A person who sets up a business; generally, a person who owns and manages a business and assumes its financial risks. |
| transparent adjective | /tɹænsˈpæɹənt/ | See-through, clear; having the property that light passes through it almost undisturbed, such that one can see through it clearly. |
| comply verb | /kəmˈplaɪ/ | To yield assent; to accord; to acquiesce, agree, consent; to adapt oneself, to conform. |
| confine verb | /ˈkɑnfaɪn/ | To restrict (someone or something) to a particular scope or area; to keep in or within certain bounds. |
| encompass verb | /ɪnˈkʌmpəs/ | To form a circle around; to encircle. |
| fascinate verb | /ˈfæsɪneɪt/ | To evoke an intense interest or attraction in someone. |
| formality noun | /fɔːrˈmælɪti/ | The state of being formal. |
| globalization noun | /ˌɡloʊ.bə.laɪˈzeɪ.ʃən/ | American and Oxford British English standard spelling of globalisation. |
| oftentimes adverb | /ˈɔf.ənˌtaɪmz/ | Frequently; often. |
Phrasal verbs you will hear
| Word | Pronunciation | Meaning |
|---|---|---|
| set up verb | /ˌsɛt ˈʌp/ | To make ready for use. |
| wrap up verb | To cover or enclose (something) by folding and securing a covering entirely around it. |
ไวยากรณ์ในวิดีโอนี้
โครงสร้างที่ผู้พูดใช้บ่อยที่สุด พร้อมคำพูดจริงจากวิดีโอ:
| โครงสร้าง | ในวิดีโอ |
|---|---|
| Passive voice be + กริยาช่อง 3 — เน้นสิ่งที่เกิดขึ้น ไม่ใช่ผู้กระทำ | is also known · is designed · is considered |
| Relative clauses who / which + อนุประโยค — ข้อมูลเพิ่มเติมเกี่ยวกับคนหรือสิ่งของ | law, which is · rather, which is · someone who potentially |
Pronunciation to watch
The speaker uses 9 contractions and reduced forms, such as we're, I'm, doesn't. Say them the short way, as you hear them.
- The “sh” and “zh” sounds: taxation /tækˈseɪ.ʃən/, globalization /ˌɡloʊ.bə.laɪˈzeɪ.ʃən/, mediation /ˌmiːdiˈeɪʃən/, shareholder /ˈʃɛəˌhəʊl.də(ɹ)/, arbitration /ˌɑɹ.bɪˈtɹeɪ.ʃən/
- Long words — get the stress right: disagreement /dɪsəˈɡɹiːmənt/, incorporate /ɪŋˈkɔɹ.pɚ.eɪt/, entrepreneur /ˌɑn.tɹə.pɹəˈnɝ/, formality /fɔːrˈmælɪti/, globalization /ˌɡloʊ.bə.laɪˈzeɪ.ʃən/
How to practise with this video
- Listen to the whole video once without speaking and note the words you do not know.
- Start at 0.75× speed, shadow it sentence by sentence, then go back to normal speed once it feels easy.
- Record yourself and compare with the original, paying attention to words like govern, taxation, safeguard.
เทคนิค Shadowing คืออะไร?
Shadowing เป็นเทคนิคการเรียนรู้ภาษาที่ได้รับการรับรองทางวิทยาศาสตร์ พัฒนาขึ้นสำหรับการฝึกนักแปลมืออาชีพ วิธีการนี้เรียบง่ายแต่ทรงพลัง: คุณฟังเสียงภาษาอังกฤษจากเจ้าของภาษาและพูดตามทันที — เหมือนเงาที่ตามผู้พูดด้วยช่วงเวลาห่าง 1-2 วินาที การวิจัยแสดงว่าเทคนิคนี้ปรับปรุงความแม่นยำในการออกเสียง ทำนองเสียง จังหวะ การเชื่อมเสียง การฟังเข้าใจ และความคล่องแคล่วในการพูดได้อย่างมีนัยสำคัญ