Business law (also known as commercial law) is the body of law that regulates business and commerce. A branch of civil law, it governs both issues of private law and public law. Business law regulates hiring practices, corporate contracts, and the sales and manufacture of consumer goods and services. Civil codes have been adopted by numerous countries that include extensive excerpts of their business law practices. In the United States business law is enforced by both the federal and state governments under their power of enforcement. Business legislation is enacted (written into law) both by Congress through its constitutional mandate to regulate interstate commerce and each of the state legislatures. Much effort has been expended in the US to create a unified body of business law. The general adoption of the Uniform Commercial Code (UCC) is perhaps the most successful example of these attempts.
A business lawyer deals with or specializes in commerce related issues and can give clients assistance to those looking to start a new business, maintaining an existing business or selling/buying a business.
Also, business and commercial lawyers will help those with inclusions and exclusions (what should/shouldn’t be) contained in commercial leases. They can help clients with the considerations involved in franchising and the financial documentation needed for buying or selling a business. Business attorneys can help figure out the type of business structure is best for a business. State and federal business laws and commercial laws regulate each kind of business contract needed, so expert advice is important.
If you have a business with outstanding or conflicting issue, such as when one party to a contract does not fulfill their part of the agreement, the legal system provides relief to the damaged party. A skilled business lawyer can answer your business needs, questions, concerns and discrepancies.
If you have questions about the application of the law in a particular case, consult your lawyer. The law is constantly changing .
Information on this site or any site to which we link does not constitute legal advice .