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


Providing context to the spate of delistings from the SA stock exchange

Independent online (SA) 26 Sep 2022
Furthermore, there are no minimum capital requirements for a private company in South Africa, except for those in particular regulated industries such as asset management businesses or financial managers ... Ildiko Gyarmati is a senior associate from international corporate law firm CMS South Africa....

GABON : Dismissed in Libreville in its dispute with Orabank, Titane Constructions turns to the CCJA

Africa Intelligence 26 Sep 2022
The Common Court of Justice and Arbitration (CCJA) of OHADA, the organisation for the harmonisation of business law in Africa, .......

Expert Harps on Rights-based Approach for Trade, Investments in Africa

This Day 23 Sep 2022
The Frontline energy lawyer and global Vice Chairman of the International Law Association (ILA), stated this while speaking on a new book titled Business and Human Rights Law and Practice in Africa, published by Edward Elgar, United Kingdom, and co-edited by Olawuyi and Oyeniyi Abe, a lecturer at the University of Huddersfield, United Kingdom....

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