
O commercial law[1] is a specialised branch of private law[2] which governs business activities and transactions. Originating from the civil law[3] evolved to address complex economic interactions. Historically developed through merchant guilds and customs[6] locations, the law[7] Commercial law underwent significant transformations with national codifications such as the Napoleonic Commercial Code. The discipline moved from regulations[4] sector-specific to comprehensive corporate governance, reflecting changes in business structures. Modern commercial law emphasises global standardisation, technological adaptation and social responsibility. It now encompasses broader considerations beyond traditional transaction rules, integrating corporate management, stakeholder interests and international legal frameworks. Key developments include alignment with international standards, recognition of companies as economic actors and flexible approaches to emerging business models. The field continues to balance entrepreneurial freedom with regulatory oversight, adapting to globalisation[5] and digital economic landscapes.
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Commercial law is a branch of private law which can be understood as the set of rules governing the business activity of the entrepreneur, and of any individual or legalThis is a special branch of private law, which aims to provide greater legal certainty to the rules applicable to professional economic activities involved in the production and circulation of goods and services.
In Portugal, see portuguese commercial law. It governs acts considered commercial.
Understood in this way, business law covers a wide range of subjects, including the obligations of businesspeople, the business companiesspecial commercial contracts, the credit securities, a intellectual propertyamong others. From 1886 us United StatesThe corporations now have human rightspreviously reserved only for individuals.