BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Commercial law, also known as mercantile law or trade law, is the body of law that applies to the rights, relations, and conduct of persons and business 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.

Detailed explanation-2: -business law, also called commercial law or mercantile law, the body of rules, whether by convention, agreement, or national or international legislation, governing the dealings between persons in commercial matters.

Detailed explanation-3: -The Branches of commercial law deal with business and financial transactions. They mainly include contract law, property law, corporate law, intellectual property law, tax law, negotiable instrument law, and uniform commercial code.

Detailed explanation-4: -The difference between commercial law and business law is that the former specifically governs how corporations are administered and managed, while the latter comprises different practice areas associated with business; such as employment, tax, contract, and transaction law.

Detailed explanation-5: -Commercial law in India doesn’t have any fixed meaning or understanding, rather it has its elements formed from different laws altogether. Commercial law is a set of laws relating to the conduct of trade and sales. Businessess of persons, merchants and commerce are involved in this.