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Commercial law or business law is the body of law which governs business and commerce and is often considered to be a branch of civil law and deals both with issues of private law and public law. Commercial law regulates corporate contracts, hiring practices, and the manufacture and sales of consumer goods. Many countries have adopted civil codes which contain comprehensive statements of their commercial law. In the United States, commercial law is the province of both the 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 US: the most successful of these attempts has resulted in the general adoption of the Uniform Commercial Code.
Various regulatory schemes control how commerce is conducted, privacy laws, safety laws (i.e. OSHA in the United States) food and drug laws are some examples.
(this article compliments of Wikipedia)
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Business News
Governments urged to slash business taxes (Reuters via Yahoo! News) As Canada's political parties gear up for a possible snap election, a prominent think tank urged federal and provincial governments on Wednesday to use their budget surpluses to continue cutting business taxes. | BUSINESS BRIEFS (New York Post) Fannie moves Fannie Mae CFO Ste phen Swad will leave and be replaced by David Hisey, the company said. Chief Business Officer Robert Levin will retire and be replaced by Peter Niculescu. Chief Risk Offi cer Enrico Dallavecchia will also leave and... | Business students see opportunity in economy (Houston Chronicle) In the dot-com 1990s, a graduate degree in business could often be a ticket to instant wealth. Graduates today may not feel as lucky. | Chrysler looking at options for Viper business (Reuters via Yahoo! News) Chrysler LLC is exploring strategic options for its Dodge Viper sports car business as the struggling U.S. automaker tries to raise cash to ride out a deepening U.S. auto downturn. | 5 Green Trends for Small Business (Washington Post) The examples used in this article have been excerpted from 75 Green Businesses You Can Start to Make Money and Make a Difference by Glenn Croston , available from Entrepreneurpress.com . Going green is not going away, but the various trends within the green business movement will change direction, creating opportunities for new products and new businesses. Looking forward, here are five ... |

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