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Commercial law / business law - wikipedia commercial law (sometimes known as business law) is the body of law that governs business and commercial transactions dol. Corporate and commercial law provides the framework within which business is conducted it includes laws relating to companies and securities, contracts, bankruptcy, financial services regulation, banking and finance. Best business law websites list keep up with business law, commercial law, companies law, corporate law, competition law, contract law, patent law, ip law, international law, labour law, consumer protection law and more by following top business law sites. Definition commercial law deals with the sale and distribution of goods, the financing of credit transactions and negotiable instruments most aspects of commercial. Home » corporate and commercial law program the corporate & commercial law program is designed to prepare the business law faculty at sturm college of law.