commercial law

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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 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, negotiable instruments, contracts and partnership. Many of these categories fall within Financial law, an aspect of Commercial law pertaining specifically to financing and the financial markets. 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.
Various regulatory schemes control how commerce is conducted, particularly vis-a-vis employees and customers. Privacy laws, safety laws (e.g., the Occupational Safety and Health Act in the United States), and food and drug laws are some examples.

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    NSW Invoice Details

    Hi I am a sole trader chasing for unpaid work invoices with other small businesses. I have a few 2-5 years old invoices unpaid and the Bill To contact names/companies on the invoices were incomplete or needed be updated. Q. Do I have the legal stand to amend the original invoices with...
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    NSW Partnerships with competitors-commercial law issues?

    Sorry for the cross-post but I thought this might be relevant to both commercial law and IP law. I'm wondering how people like Elon Musk are able to partner with competitors, "learn" from them, and then "go it alone" without breaching any laws. Wouldn't there be something in the agreements of...
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    NSW Commercial Law overiding a "profit agreement"

    Hi all, New to this place, so please go easy on me! ;) From my understanding commercial legislation will always overide an agreement that isn't in line with said legislation. Here is my question: Can a director (who is also a shareholder) write up an agreement that stipulates revenue/profit...
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    QLD Friend's Business Closed Down with One Day's Notice - Commercial Law?

    So, my friend sells goods inside a retail shop (which basically sells a lot of different goods such as phone cases, clothes, plushies, accessories and etc. Each shelf that sells the different goods are owned by different sellers. So the owner owns the shop and sellers own their little shelves...
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    NSW Commercial Law - Obligations of Founders to Investors?

    I invested in a private company. The last months have not been great, however, the founder did tell me they could get things back on track and the share price could get back to where I was promised it should be. He, however, stated he would rather focus on other companies he has and sell as soon...
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    VIC Commercial Law - Commercial Barrister Fees?

    I have heard that commercial barristers charge a daily court appearance fee, as well as the hourly rate. So, if I had a matter that went to court for 3 days, would I be charged a daily appearance fee and hourly rate under commercial law? Also, how do I know how many hours are worked on the case...
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    VIC How Long Do Commercial Matters Last in Commercial Law Court?

    On average how long can a commercial matter last in a commercial law court?
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    NSW Ex-wife demanding equity in newly formed business

    My ex-wife is claiming she has a right to equity (or payment of some kind) in a company I formed 2 years after we separated. Some quick background - while we were married I developed a piece of software in my spare time. We separated two years ago and reached a financial settlement via court...
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    VIC Investment Contract(Individual & Private Company)

    Hi All, I need some advice on how to go on about recovering my investment from private company. I have been approached by common friend to invest in an Entertainment event in Australia managed/run under company structure. Verbally i have been promised that my money will be break even if any...
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    QLD Deliberate Obstruction to Licensing Arrangements - Commercial Law?

    If a board of one company deliberately asks a vendor to not grant a licence/ node agreement for another company (thus causing potential financial loss through the specialist nature of the work) through discrediting/defaming the other company, is there any legal recourse under commercial law?