commercial law

commercial law definition - business

commercial law

The collection of laws applicable to commercial transactions. Commercial law in the United States has been formalized in the Uniform Commercial Code. Also called mercantile law.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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