Commercial law is the branch of private law that is responsible for regulating the activities between merchants, as well as each of the commercial acts that arise from the dynamics of the exchange of goods and services. It is also known as commercial law or trade law.
When we think about all the commercial activities that take place every day in Mexico and around the world, we can imagine countless transactions between companies that require specific rules to function properly. This is where commercial law comes in to facilitate relationships between companies, merchants and anyone who carries out an act of commerce.
In this space you will learn basic el salvador phone data and very important aspects of this branch of law, including specific issues of Mexican commercial law and recommended readings to delve deeper into the subject. Keep reading!
What is commercial law?
Commercial law is the branch of private law responsible for regulating people, relationships and acts that have to do with the exchange of goods and services , that is, all those dynamics of commercial exchange. In the search to understand what commercial law is , it is also possible to find it as commercial law or trade law.
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To which branch of law does commercial law belong?
As such, commercial law is a branch of private law , which governs all relationships between individuals and the State. Within these, it is possible to distinguish those that occur between merchants, which is where the protagonist of this content comes in.
What is commercial law? Basic aspects to understand it
Branches of commercial law
Since there are so many commercial dynamics regulated by commercial law , it is divided into eight branches in order to better govern each of the commercial acts. These are the most common:
Banking law
Exchange law
Corporate Law
Competition law
Industrial property rights
Bankruptcy law
Contract law
Maritime and air law
Give me a chance to explain each one in a couple of lines below.
Banking law
Banking law is dedicated to the regulation and review of banking and financial entities, regulating commercial acts such as the signing of contracts, deposits, credits and more.
Exchange law
The branch of law that governs everything related to securities, as well as checks and promissory notes, is called exchange law.
Corporate Law
Within the scope of study and regulation of corporate law are all the rules relating to companies and forms of association, as well as their benefits and partners.
Competition law
When we talk about competition law, we are referring to the set of regulations created to guarantee a fair market for consumers, producers and companies.