Discussion on lecture activity

Concept of Business law

Concept of Business law

by Afrina Akter -
Number of replies: 0

 Definition of Business Law:


Business law also called commercial law or mercantile law, the body of rules, weather by convention, agreement, or national or international legislation, governing the dealings between persons in commercial matters.

Business law is that branch of legal system which regulates business activities. 

Sources of Business law:

1. Legislation

2. Custom

3. Case law 

4. Natural law

5. English law

Types of Business Law:

    1.  Contract Drafting/ Negotiations/ Legislation.

    2.Consumer Good Sales.

    3.  Antitrust

    4.  Intellectual property

    5.  Immigration Law

    6. Taxes.