Introduction to business law
From Wikiversity
 Please help develop this page
This page was created, but so far, little content has been added. Everyone is invited to help expand and create educational content for Wikiversity. If you need help learning how to add content, see the editing tutorial and the MediaWiki syntax reference. To help you get started with content, we have automatically added references below to other Wikimedia Foundation projects. This will help you find materials such as information, media and quotations on which to base the development of "Introduction to business law" as an educational resource. However, please do not simply copy-and-paste large chunks from other projects. You can also use the links in the blue box to help you classify this page by subject, educational level and resource type. |
|
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.
