what is commercial law Flashcards

1
Q

what is commercial law?

A

governs business activities, commerce, and transactions involving goods and services. it’s a branch of private law

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2
Q

what is the most common type of commercial transaction?

A

sale of goods

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3
Q

sources of commercial law

A
  1. commercial law
  2. individual commercial acts
  3. commercial acts by profession
  4. commercial acts by accessories
  5. commercial law+civil law
  6. commercial law+investment law
  7. sharia commercial law
  8. customs
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