Definition of commercial law

Within the world of law, the commercial law It is undoubtedly one of the most complex and developed systems due to the importance that this activity has today for our society. The right commercial could be defined as a set of rules that are established for the correct functioning of commercial relations not only at the regional or local level but also at the international level. Although each region may have forms and regulations specific to its needs, commercial law has guidelines that are enforced and that must be respected everywhere.

One of the main objectives of commercial law is, then, to ensure that the development of all commercial activity takes place within a framework of stability, safety Y confidence. In this way, it is intended to deepen the activity by giving its participants the most reliable space possible. Commercial law is therefore composed of laws and regulations that establish the characteristics of elements such as contracts, taxes, finance, exchanges, profits and benefits, etc.

Commercial law is considered a public and private right at the same time. This has to do with the fact that commercial activity is normally carried out privately, but its The results have an impact on the whole of society as they are based on the laws of supply and demand that apply to the entire planet. Commercial law is the result of the existence of a customary (and often implicit) system that supposed the I respect from traditions and traditions. They were later being settled in writing and thus organized in a legal system like the one we have today.

As a large part of the planet is integrated into the economic system Capitalist, business laws and regulations are the same in extremely far-flung spaces. However, this does not mean that there are no markets and commercial legal systems in regions established according to their needs and interests.