Standards and Codes of practice checklist.
Commercial law includes within its compass such titles as principal and agent; carriage by land and sea; merchant shipping ; guarantee ; marine, fire, life, and accident insurance ; bills of exchange, negotiable instrumentscontracts and partnership.
It can also be understood to regulate corporate contractshiring practicesand the manufacture and sales of consumer goods. Many countries have adopted civil codes that contain comprehensive statements of their commercial law.
In the United States, commercial law is the province of both the United States Congressunder its power to regulate interstate commerce, and the states, under their police power. Efforts have been made to create a unified body of commercial law in the United States; the most successful of these attempts has resulted in the general adoption of the Uniform Commercial Codewhich has been adopted in all 50 states with some modification by state legislaturesthe District of Columbiaand the U.
Various regulatory schemes control how commerce is conducted, particularly vis-a-vis employees and customers. Privacy laws, safety laws e.Create an investment-worthy business plan with our template builder.
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