Outline of Commercial Law - Nature of Commercial Law

Nature of Commercial Law

Commercial law can be described as all of the following:

  • Branch of law – law is a system of rules and guidelines which are enforced through social institutions to govern behavior, wherever possible.

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Famous quotes containing the words nature, commercial and/or law:

    No man is by nature the property of another. The defendant is, therefore, by nature free.
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    At the same time keeping the door open to a tongue-in-cheek attitude on the part of the perpetrators....
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    The times have changed. Why do you make a fuss
    For privilege when there’s no law of form?
    Allen Tate (1899–1979)