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What does commercial law relates to?


Rakshita 13th Feb, 2017
Answers (2)
sahanahegde44 10th Nov, 2020

Hello Aspirant,

Hope your doing good,

The term commercial law has no fixed meaning in India. ... This paper, however, deals with the Indian contract act (which includes general principles of law of contract, quasi-contracts, indemnity, guarantee, bailment, pledge, agency) and the enactments on sale of goods, partnerships and negotiable instruments.

Its also is a body of law that regulates the conduct of persons, merchants, and businesses who are engaged in trade, sales, and commerce. Also known as business law, 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.

Refer to the link attached below for more detailed explanations on commercial law and courses , colleges related to it . Check it out

https://www.careers360.com/courses/commercial-law-course

Hope this helps, Ping us back for more queries.

Thankyou

Goodluck for everything ahead :)


Mona 14th Feb, 2017
In official terms, Commercial law is also known as business law or corporate law. It relates to the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales. Often it is considered as a branch of civil law and deals with issues of both private law and public law.

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