Commercial law

Commercial law, also known as business law, is the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales. 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 and partnership. 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.

Latest News for: Africa business law

Edit

ISDE Law Business School Announces $100,000.00 Worth of Scholarships for the Africa Football Business Summit 2024

Capital Ethiopia 11 Jun 2024
ISDE Law Business School, a prestigious educational institution regarded as a global leader for its expertise in sports law and business, has proudly announced the availability of scholarships worth $100,000.00, including one full scholarshipfor participants of the upcoming Africa Football Business Summit....
Edit

Elon Musk, America’s richest immigrant, is angry about immigration. Can he influence the election?

East Bay Times 06 Jun 2024
Elon Musk and his brother Kimbal were speaking to a crowd of business leaders in 2013 about creating their first company when the conversation seemed to go off script. Originally from South Africa, Kimbal said the brothers lacked lawful immigration status when they began the business in the U.S....

Most Viewed

Russian President Vladimir Putin attends a meeting with Interim President of Chad Mahamat Idriss Deby at the Kremlin in Moscow, Russia, Wednesday, Jan. 24, 2024
AP / Mikhail Metzel, Sputnik, Kremlin Po

S Korea, US ‘closely monitoring’ potential Putin-Kim meeting in Pyongyang

Al Jazeera | 14 Jun 2024
The bonobo (/bəˈnoʊboʊ, ˈbɒnəboʊ/; Pan paniscus), also historically called the pygmy chimpanzee and less often, the dwarf or gracile chimpanzee
Creative Commons / Pierre Fidenci

Chimpanzees Wing It Too, And They Know When They're Doing It

IFL Science | 14 Jun 2024
×