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Commercial law

Commercial law, also known as business law, mercantile law or trade law depending on jurisdiction, is the body of law that applies to the rights, relations, and conduct of persons and organizations engaged in commercial and business activities. It is often considered to be a branch of civil law and deals with issues of both private law and public law.

Content
Commercial law covers the following legal areas : • Legal status of businessesSole traders • Corporate lawCompetition lawConsumer lawAdvertising and marketing regulations • Contract lawGoods and services law • Intellectual property lawCopyright lawPatent lawTrademark lawFinancial lawCredit and securities laws • Wage law, and minimum wage laws in particular • Tax lawBanking regulationsInsurance lawBankruptcy lawInternational trade lawE-commerce law This broad area of law covers many topics, from forming new companies, drafting business contracts, employment processes, corporate mergers, consumer rights to commercial litigation. It also provides a comprehensive legal framework that supports the operations of businesses regardless of their size. It ensures that businesses or other entities that engage in commerce adhere to set rules and guidelines, creating a fair and competitive commercial environment while providing legal remedies to resolve disputes. ==History==
History
During the Middle Ages, Italy was the cradle of many modern institutions at the basis of commercial law. Around the 16th century, the trade of Italian maritime republics was the promoter of the birth of commercial law: the jurist Benvenuto Stracca, (Ancona, 1509–1579) published in 1553 the treatise De mercatura seu mercatore tractats; it was one of the first, if not the first, legal imprint dealing specifically with commercial law. This treatise focused on merchants and merchant contracts, practices and maritime rights, to which he soon added extensive discussions of bankruptcy, factors and commissions, third party transfers, and insurance. For this reason, Stracca is often considered the father of commercial law and author of the first Italian treaty about the insurance contract, beyond about the commerce. The legal work of Italian jurists had an impact on Holland, Germany, England and France. ==See also==
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