Commercial Transactions is a legal phrase that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales. In recent years this body of law has been codified in the Uniform Commercial Code (UCC), which has been almost universally adopted by the U.S. states.
Commercial law governs the broad areas of business, commerce, and consumer transactions. Specific law has developed in a number of commercial fields. These include:
- Consumer credit
- Debtor and creditor
- Negotiable instruments
- Real estate transactions
- Sales and Secured transactions.
These are all complex areas of law that commonly require an attorney to guide you successfully through the details to ensure that your rights are protected and that you get the results you want.
Should I hire a lawyer? Contact us for a consultation if you feel you need representation in any of these transactional processes.