What is the difference between Business Law and Commercial Law?
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1 Answer
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Although many people feel that Business Law and Corporate Law are the same, however, it is worth knowing that there are significant differences between the two law specialisations. The focus of Corporate Law is majorly on how corporates/ companies are formed and managed. Thus, Corporate Law revolves around the operation of a corporation. Corporate law deals with legal rights, obligations and privileges. On the other hand, lawyers working in the field of Business Law cover areas such as contracts, employment laws, commercial transactions and taxes.
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