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


LETHABO SITHOLE: This is how special economic zones can boost small businesses

Business Day 16 Mar 2023
While the success of SEZs in Africa has been mixed, they have the potential to promote the development of small and medium enterprises (SMEs), which contribute significantly to the continent’s economic growth ... • Sithole is managing partner at Amila Africa, a legal practitioner and consultant in international business, trade & investment law....

Canada and the Democratic Republic of Congo in prime position for private sector collaboration

Business Ghana 15 Mar 2023
Goodmans LLP, a top law firm who have supported the Canada-Africa Chamber of Business, hosted the reception at their offices in the heart of Toronto's Financial District ... Goodmans LLP, a top law firm who have supported the Canada-Africa Chamber of Business, hosted the ......

Investment protocol holds the key to AfCFTA’s success

Business Day 15 Mar 2023
Investors must also comply with laws and policies to protect human rights, labour rights and the environment ... investors and migration in Africa ... Sithole, a legal practitioner and consultant in international business, trade and investment law, is managing partner at Amila Africa....

Parallel executives make for difficult diplomatic relations

Independent online (SA) 12 Mar 2023
Immediately after the announcement of the new executive appointments, Ramaphosa’s brother-in law, Patrice Motsepe, South Africa’s first business champion, reminded the public that only the recruitment of the best managers available globally and an uncompromising war on corruption, could save South Africa’s key industries....

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