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Business laws are sets of rules and regulations which govern the operation of business activities.
Branches of Commercial Laws
Business law has many branches and some of them are:
1. Contract and Commercial Law: These laws deal solely with matters that involve contracts among people
2. Law of Tort: These laws deal with injuries caused to a person by other individual or companies
3. Property Law: This law deals with the ownership and use of property
4. Inheritance or Succession Law: These laws deal with the rights of inheritance of property
5. Family Law: These govern the legal aspect of the family, such as the rules of adoption, marriage, divorce, and duly support.
6. Corporate Law: These laws deal with business and stockholders
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