Despite the fact that the concept of trade dates back to ancient times, commercial law emerged late in comparison to many other branches of law. Commercial law is a branch of law that covers all aspects of trade legislation. It governs the rights of corporations, merchants, and individuals. Commercial law is subdivided into sub-branches. These sub-branches are; corporate law, the law of commercial enterprise, negotiable instruments law, transportation law, maritime trade law, and insurance law. Commercial law, a broad and comprehensive field, explains in detail the legal rights of business owners and buyers.
Although there are many similarities between commercial law and obligation law, there are some significant differences. It has a significant impact because it provides a balance of production and consumption in the country and between individuals. It is a constantly changing and developing field because it is a practical discipline rather than a theory. Likewise, it is always advantageous to have lawyers who are experts in commercial law.
Baytan Law Office provides our clients with expert team assistance for their needs.