Commercial law, also known as mercantile law or trade law, is the body of law that applies to the rights, relations, and conduct of persons and business 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 is the broad area of law that covers virtually all business, commerce, and consumer transactions. Historically, the term commercial law tends to emphasize merchant relations with consumers or broader trade, but the term frequently is used to refer to any law that addresses business, including law protecting consumers. Given it’s breadth, commercial law is made up of numerous categories of law, including:
- Banking
- Consumer credit
- Contracts
- Corporate Law
- Debtor and creditor
- Intellectual Property
- Landlord-tenant
- Mortgages
- Negotiable instruments
- Real estate transactions
- Sales
- Secured transactions