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 Commercial Law on Selling Data to External Companies?

    Hello, I am starting a new online business. The business will provide a free online service where users will need register. The idea is to provide the users a single place to manage a particular type of investment, including uploading their documents. As this is a free service, I need to...
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    QLD Commercial Law - When Do Members Become Shareholders?

    If a member's agreement, signed by all parties, clearly states that the nominated parties will only be reverted to shareholders after a certain period of time, can those members call themselves shareholders prior to that date being reached under commercial law?
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    VIC Urgent advice - A big banks removal of guarantor

    I am one of four guarantors and share holders in a commercial loan with one of the big banks. The other three are also Directors, I am not. I was requested by the other three (company) to sign a removal of my guarantee and indemnity for the business loans with “the bank “ and on saying no ( due...
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    VIC Commercial Law - The Effect of Company Spin-offs on Members?

    Hello all. I am not an investor and know nothing about company or commercial law. I am, however, a member of an Australian Wide Breed Society with around 3500 members. As only one body is recognised by the world governing body, the Society is an Australian monopoly. The Company Articles...
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    NSW Commercial Law - Can We Claim Exclusivity?

    We have been the only ones importing a product for the last 4 years - even though we didn't have anything written, can we say we had exclusivity under Commercial Law?
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    WA Business Partnership Fallout - What to Do?

    I've been in a business partnership for 14yrs with no agreement in place; just two brothers taking over a business and distributing 50/50. The initial funds to buy it plus stock, etc., was from our parents. Relationship has broken down and I've have been forced out of the business and no longer...
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    NSW Commercial Law on Book Subscriptions Online?

    Hi there, I was wondering what are the procedures and avenues to be taken in order to be able to upload books that I have purchased, and put them online and charge readers a monthly subscription fee to read any book they like? Who do I need to speak to and what I need to do under Commercial Law?
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    QLD Commercial Law - Setting Up Similar Businesses at Certain Distances?

    Forgive me, my memory is a little hazy. I think I read about a law but I have a really bad memory so it might not have even been a law for all I know. Anyways, the law stated something like: "buisnesses that service similar goods and/or services should not be set up within a *certain distance...
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    SA Refusal of service to an 18 year old

    There is a local video shop in my town that refuses to rent dvd's to anyone under the age of 21, refusing service to myself and many of my adult friends. I was under the impression at age 18, you assumed the vast majority of rights as everyone else. It strikes me as odd one is entrusted with...
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    NSW Private Equity Fund Structure - Differences Under Commercial Law?

    I've found: "In Australia, options for fund structure include unit trusts, Limited Partnerships and Managed Investment Trusts ". What differences do they have under commercial law?