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Commercial law, also known as business 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.
In the United Kingdom, commercial law is considered to be a sub-set of civil law. The main difference between commercial law and civil law is that commercial law deals with the regulation of businesses; while civil law deals with the regulation of individuals. Commercial law includes all aspects of business, including advertising and marketing, contracts, employment, intellectual property, product liability, and much more.
In recent years, there has been an increasing trend towards harmonization of commercial law at the international level. This has led to the development of several international conventions and treaties, such as the United Nations Convention on Contracts for the International Sale of Goods (CISG) and the Hague-Visby Rules.
There are numerous organizations that deal with commercial law at the international level, such as the International Chamber of Commerce (ICC) and the World Trade Organization (WTO).
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