Definition of Commercial law:
Legal rules that (1) determine the rights and duties of parties engaged in trade and commerce, (2) govern disputes arising out of ordinary transactions of buyers and sellers, and (3) settle issues concerned with affreightment, banking, insurance etc.
How to use Commercial law in a sentence?
- Many articles have recently discussed commercial law and how it applies to the current situation involving the estranged husband and wife team.
- I was a big supporter of commercial law and I thought that was cool because I knew a lot about it and how it worked.
- The company had been incorporated so commercial law was relevant in determining the likely future consequences from the controversial action.
Meaning of Commercial law & Commercial law Definition