2007-01-12 06:45:56 · 10 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
Is it like coperate law
2007-01-12 06:50:44 · update #1
Commercial law or business law is the body of law which governs business and commerce and is often considered to be a branch of civil law and deals both with issues of private law and public law. Commercial law regulates corporate contracts, hiring practices, and the manufacture and sales of consumer goods. Many countries have adopted civil codes which contain comprehensive statements of their commercial law. In the United States, commercial law is the province of both the 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 US: the most successful of these attempts has resulted in the general adoption of the Uniform Commercial Code.
Various regulatory schemes control how commerce is conducted, privacy laws, safety laws (i.e. OSHA in the United States) food and drug laws are some examples
2007-01-12 06:57:23 · answer #1 · answered by optimake5 3 · 0⤊ 0⤋
Laws that government commerce such as shipping laws, advertising laws, tariffs, retailing, wholesaling...all of that kind of business has laws that govern conduct and fairness. They are sometimes very different from state to state.
2007-01-12 06:49:30 · answer #2 · answered by Tom W 6 · 0⤊ 0⤋
Law governing buying, selling warranties etc look up the UCC
2007-01-12 06:52:41 · answer #3 · answered by Anonymous · 0⤊ 0⤋
In general, it deals with the laws pertaining to commerce, and everything flows from there
2007-01-12 06:49:42 · answer #4 · answered by JOHN 7 · 0⤊ 0⤋
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.
2015-02-16 01:28:29 · answer #5 · answered by Airene 1 · 0⤊ 0⤋
I think that you are thinking about the law of sales, which is mostly governed by the Uniform Commercial Code (UCC)
2007-01-12 06:48:32 · answer #6 · answered by BigD 6 · 0⤊ 1⤋
it covers public and private law. deals with contracts and such. The difference between commercial and corporate law is that the latter deals only with the "big firms" as it were, or corporations.
2007-01-12 06:59:22 · answer #7 · answered by freedom_of_speech 3 · 0⤊ 0⤋
It's close to business law.
2007-01-12 06:48:57 · answer #8 · answered by Anonymous · 0⤊ 1⤋
Law affecting companies and trade.
2007-01-12 06:48:37 · answer #9 · answered by Anonymous · 0⤊ 1⤋
Its law that specialise in business and trading.
2007-01-12 07:03:19 · answer #10 · answered by Anonymous · 0⤊ 0⤋