Nature of Commercial Law
Commercial law can be described as all of the following:
- Branch of law – law is a system of rules and guidelines which are enforced through social institutions to govern behavior, wherever possible.
Read more about this topic: Outline Of Commercial Law
Famous quotes containing the words nature, commercial and/or law:
“The sensual and spiritual are linked together by a mysterious bond, sensed by our emotions, though hidden from our eyes. To this double nature of the visible and invisible world—to the profound longing for the latter, coupled with the feeling of the sweet necessity for the former, we owe all sound and logical systems of philosophy, truly based on the immutable principles of our nature, just as from the same source arise the most senseless enthusiasms.”
—Karl Wilhelm Von Humboldt (1767–1835)
“I do seriously believe that if we can measure among the States the benefits resulting from the preservation of the Union, the rebellious States have the larger share. It destroyed an institution that was their destruction. It opened the way for a commercial life that, if they will only embrace it and face the light, means to them a development that shall rival the best attainments of the greatest of our States.”
—Benjamin Harrison (1833–1901)
“Laws can be wrong and laws can be cruel. And the people who live only by the law are both wrong and cruel.”
—Ardel Wray. Mark Robson. Thea (Ellen Drew)