Commercial Contract Law
/kəˈmɜːrʃəl ˈkɒntrækt lɔː/
Definitions
- (n.) The body of law governing legally enforceable agreements between commercial entities regarding goods, services, and transactions.
Commercial contract law dictates the rights and obligations of businesses when entering into sales agreements.
Forms
- commercial contract law
Related terms
See also
Commentary
Commercial contract law combines principles from general contract law and commercial practices, emphasizing enforceability, remedies, and performance specific to business transactions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.