What is Commercial Law?
Commercial law, also known as business law or corporate law, is the body of law that applies to the interactions between businesses and individuals. It is often considered a branch of civil law and deals with both private and public legal issues.
What is Commercial Law
Commercial law, also known as business law, regulates the conduct of persons, merchants, and businesses who are engaged in trade, sales, and commerce. It is a broad area of law that interacts with many other areas of law such as environmental regulation, real estate, and food/safety laws. Commercial law includes consumer protection laws, contract laws, and intellectual property laws. When it comes to commercial law, the Uniform Commercial Code (UCC) is the main set of model laws that governs sales of goods, leases of goods, negotiable instruments, and secured transactions. All states have adopted at least some form of the UCC, but each state is free to make its own modifications to fit its specific needs. Because many states have modified at least some of the UCC provisions, it's important to hire a lawyer who is familiar with how it has been enacted in your state