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Commercial law - Coggle Diagram
Commercial law
Specific law has developed in a number of commercial fields
tax law
banking
bankruptcy
contract
agency
debtor and creditor
carriage of goods
commercial dispute resolution
sale of goods and services
company law
competition law
intellectual property
landlord and tenant
mercantile agency
mortgages
negotiable instruments
realproperty
secured transactions
The work of a commercial lawyer
may involve any aspect of the law as it
relates to a firm’s business clients
the role of the lawyer is to facilitate
business clients’ commercial transactions.
qualities
a good knowledge of a lot of substantive law
a thorough understanding of contemporary business practices
a thorough understanding of the
particular business needs of each client
non-contentious
work
largely
involves advising clients on the drafting of contracts
contentious work
commonly involves the consequences of breach of contract
Civil codes that contain comprehensive
statements of their commercial law
the Uniform Commercial Code (UCC)
Within the European Union, the European Parliament and the legislatures of member nations are working to unify their various commercial codes
International treaties and conventions
UNCITRAL
regulates international trade in cooperation with the WTO
The
WTO
responsible for negotiating
responsible implementing new trade agreements
is in charge of policing member countries’ adherence to these agreements
signed by the majority of the world’s trading nations
ratified by their legislatures
deals with issues of private law and public law