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Commercial law (or business law),[1] which is also known by other names such as mercantile law or trade law depending on jurisdiction; is the body of law that applies to the rights, relations, and conduct of persons and organizations engaged in commercial and business activities.[2][3][4] It is often considered to be a branch of civil law and deals with issues of both private law and public law.
Commercial law includes within its compass such titles as principal and agent; carriage by land and sea; merchant shipping; guarantee; marine, fire, life, and accident insurance; bills of exchange, negotiable instruments, contracts and partnership.[5] Many of these categories fall within Financial law, an aspect of Commercial law pertaining specifically to financing and the financial markets. It can also be understood to regulate corporate contracts, hiring practices, and the manufacture and sales of consumer goods. Many countries have adopted civil codes that contain comprehensive statements of their commercial law.
In the United States, commercial law is the province of both the United States Congress, under its power to regulate interstate commerce, and the states, under their police power. Efforts have been made to create a unified body of commercial law in the United States; the most successful of these attempts has resulted in the general adoption of the Uniform Commercial Code, which has been adopted in all 50 states (with some modification by state legislatures), the District of Columbia, and the U.S. territories.
Various regulatory schemes control how commerce is conducted, particularly vis-a-vis employees and customers. Privacy laws, safety laws (e.g., the Occupational Safety and Health Act in the United States), and food and drug laws are some examples.
^"Commercial Law - The University of Auckland". www.auckland.ac.nz. Retrieved 2024-05-08.
^"Commercial Law: An Overview". Legal Information Institute. Retrieved 7 July 2012.
^"Legal Definition of COMMERCIAL LAW". www.merriam-webster.com. Retrieved 2024-05-30.
^One or more of the preceding sentences incorporates text from a publication now in the public domain: Chisholm, Hugh, ed. (1911). "Commercial Law". Encyclopædia Britannica. Vol. 6 (11th ed.). Cambridge University Press. p. 771.
Commerciallaw (or business law), which is also known by other names such as mercantile law or trade law depending on jurisdiction; is the body of law...
International CommercialLaw is a body of legal rules, conventions, treaties, domestic legislation and commercial customs or usages, that governs international...
governments may enforce them through a combination of employment and commerciallaw. Proposed and practiced fair trade policies vary widely, ranging from...
to commerciallaw: Commerciallaw – body of law that governs business and commercial transactions. It is often considered to be a branch of civil law and...
such as contracts, property, torts, delicts and commerciallaw. This distinction is stronger in civil law countries, particularly those with a separate...
law is colloquially used interchangeably with corporate law, the term business law mostly refers to wider concepts of commerciallaw, that is the law...
renders the boundary between tort and contract law somewhat uncertain. Contracts are widely used in commerciallaw, and for the most part form the legal foundation...
Islamic CommercialLaw by Mohammad Hashim Kamali, professor of law at the International Islamic University, Malaysia, is an analysis of options and futures...
University of Warwick) School of History School of Law Centre for CommercialLaw Studies Department of Law School of Politics and International Relations...
The UNCITRAL Model Law on International Commercial Arbitration is a model law prepared by UNCITRAL, and adopted by the United Nations Commission on International...
The Uniform Commercial Code (UCC), first published in 1952, is one of a number of uniform acts that have been established as law with the goal of harmonizing...
The law of agency is an area of commerciallaw dealing with a set of contractual, quasi-contractual and non-contractual fiduciary relationships that involve...
Common law (also known as judicial precedent, judge-made law, or case law) is the body of law created by judges and similar quasi-judicial tribunals by...
United Kingdom commerciallaw is the law which regulates the sale and purchase of goods and services, when doing business in the United Kingdom. Lex Mercatoria...
mercatoria (from Latin for "merchant law"), often referred to as "the Law Merchant" in English, is the body of commerciallaw used by merchants throughout Europe[disputed...
scope is broad, including, for example, criminal law, family law, property law, and commerciallaw. Modern scholars responded to the Code with admiration...
In European history, the commercial revolution saw the development of a European economy – based on trade – which began in the 11th century AD and operated...
the International Chamber of Commerce (ICC) relating to international commerciallaw. Incoterms define the responsibilities of exporters and importers in...
The Antonin Scalia Law School is the law school of George Mason University, Virginia's largest public research university. It is located in Arlington...
Commerciallaw Civil lawLaw of obligations Contract law Tort lawLaw of unjust enrichment and quasi-contracts Trust lawLaw of agency Property law Family...
was a senior partner and the Head of the Corporate and Commercial Practice Group at Templars law firm in Nigeria until his resignation on 31 August 2023...
English law is the common law legal system of England and Wales, comprising mainly criminal law and civil law, each branch having its own courts and procedures...
Sealey-Hooley, CommercialLaw, 14 Dainow, Joseph (1966). "The Civil Law and the Common Law: Some Points of Comparison". The American Journal of Comparative Law. 15...
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