Top Answer. Law being a wider subject touches all walks of our life. Discuss at least one and outline others. Commercial law provides that platform. This extremely wide section of the law forks off into numerous areas of expertise. Get this from a library! Commercial law regulates corporate contracts, hiring practices, and the manufacture and sales of consumer goods. Contracts — Torts — Procedure — Real Estate — Criminal — Evidence. Commercial Law. A broad concept that describes the Substantive Law that governs transactions between business entities, with the exception of maritime transportation of goods (regulated by Admiralty and Maritime Law). US Commercial Service Business Law . There are various branches of law concerning specific aspects e.g. A contract is a binding agreement. Branches of business law. Commercial law (sometimes known as business law) is the body of law which governs business and commerce. Business law deals with any aspect of the law having to do with industry and commerce — from taxes and liability to licensing and trademarking. Besides the private vs public dichotomy, another way to look at law is to review the main subjects taught in first year law. They can also be brought before the Queen’s Bench or Chancery divisions of the High … Many scholars and lawyers tried to explain about the commercial law among which the leading commercial lawyer Roy Goode described commercial law as “that branch of law which is concerned with rights and duties arising from the supply of goods and services in the way of trade ” [Francis Bacon James] It is often considered to be a branch of civil law and deals both with issues of private law and public law. Most commercial disputes are heard in Commercial Court or in county business courts when the dispute relates to that particular jurisdiction. Business Law, also called commercial law or mercantile law, the body of rules, whether by convention, agreement, or national or international legislation, governing the dealing between persons in commercial matters. Most criminal law is established by statute, however in the UK there are many important criminal cases which have created legal principles. Codification of branches of commercial law : an address delivered before the American Warehousemen's Association at Washington, D.C., December 4, 1902. Commercial law, a branch of civil law, comprises governance of commercial and business transactions in both the public and private realms. Business (Corporate) Law Corporate law involves the formation, dissolution, and all other legal aspects of the administration of corporations. Certain types of contracts have developed special principles which govern them, in addition to the general principles applicable to all kinds of contracts. Criminal Law Criminal law is the branch of law which relates to crime and the punishment of those who violate laws. Contract Law. The fundamentals of a crime are known as the actus reus and the mens rea.