<!doctype html public «-//w3c//dtd html 4.0 transitional//en»> http-equiv=content-type> Business economists regularly manage business transactions and projects. However, the law always plays an important part in their work. For one thing, it defines their room for maneuver while also helping to reduce risks. The new edition considers current developments in legislation and case law with regard to Internet commerce, warranties and guarantees, and the minimum wage, among other areas.