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


SA faces hard negotiations at COP28

Independent online (SA) 01 Dec 2023
These regulations, which are meant to prevent ‘carbon leakage’ and ‘encourage cleaner industrial production in non EU countries’, will have a significant impact on South Africa ... Norton Rose Fulbright South Africa’s Costas Tina - Director, Environmental law, and Senior Associate James Ross. BUSINESS REPORT ....

Alile, Vignatelli, Jemide, Abati, Olusola Others to Lead the Conversation at 5th Africa Coaching Week

This Day 29 Nov 2023
Other industry leaders who would speak at the event include Lead Partner at DETAIL Commercial Solicitors and former NBA Section on Business Law President, Ayuli Jemide; Founder/CEO of Cerca Africa, Sam Obafemi; CEO, GIG Mobility and Managing Director, Pause Factory, Enahoro ......

SA can't afford litigation if NHI signed into law in current form - Business SA

Eye Witness News 28 Nov 2023
JOHANNESBURG - Business for South Africa said the country cannot afford any litigation should the National Health Insurance Bill be signed into law in its current form ... This despite stakeholders, including Business for South Africa and Business Unity South Africa, making submissions for its amendment....

In Berlin, Tinubu Pushes for Investment in Nigeria’s Power, Rail Transport Sectors

This Day 21 Nov 2023
... with Africa Economic Conference, Tinubu said while promoting the rule of law was crucial for attracting foreign investments ... According to the president, “Africa has moved beyond the false past notions of business disincentivisation and poor adherence to the rule of law....

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