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.
Read more about this topic: Outline Of Commercial Law
Famous quotes containing the words nature, commercial and/or law:
“God forgive me, I do still see that my nature is not to be quite conquered, but will esteem pleasure above all things; though, yet in the middle of it, it hath reluctancy after my business, which is neglected by my following my pleasure. However, music and women I cannot but give way to, whatever my business is.”
—Samuel Pepys (1633–1703)
“The commercial class has always mistrusted verbal brilliancy and wit, deeming such qualities, perhaps with some justice, frivolous and unprofitable.”
—Dorothy Nevill (1826–1913)
“The wit of man has devised cruel statutes,
And nature oft permits what is by law forbid.”
—Ovid (Publius Ovidius Naso)