10. Commercial Law

The general meaning of “commerce” is the act of buying, selling or trading, and commerce refers to the activity of trading commodities, or buying and selling activities. It is explicitly expressed as the activity of merchants. From the perspective of economics, commerce refers specifically to a specific link of the total social production, namely the circulation of goods. It is strictly defined as an activity that is neither a production nor a consumption, but rather as an activity in the field of circulation that communicates production and consumption. It is the channel, the bridge and the intermediary through which products are transferred from the hands of industrial and agricultural producers to the hands of consumers.