Commercial law is the legal practice area of South African law that applies to the rights, relations and conduct of individuals and or entities engaged in commerce, merchandising, trade and sales.
An Overview
Commercial law is the legal practice area of South African law that applies to the rights, relations and conduct of individuals and or entities engaged in commerce, merchandising, trade and sales. It covers how businesses are set up, what they do, how they operate and how their rights are protected.
Commercial law is also known as corporate law or mercantile law, is the body of law governing contracts in business.
Commercial Law in South African Businesses
South Africa has an advanced and strong commercial law environment governing the conduct of business in South Africa. The world of business can leave you exposed to unforeseen losses. The drafting of the necessary contracts and legal documents/documents and acquiring legal advice can prevent the occurrence of unforeseeable risks or losses and forms part and parcel of the primary function of commercial law.
