Features of Business Law

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Business law, also called commercial law is a branch of law that deals with legal rights, duties and liabilities of parties involved in different types of business transactions that are related to commerce, trade, sales, merchandising, etc.

Below listed are the important features of business law.

• It is a commercial law that deals with all the aspects of entering into selling and purchasing agreements.

• It includes the study of law of contract which is vital in setting up the agreements and contracts that involve the parties buying and selling things in exchange for a purchase price.

• Business law also explains the rights, duties, liabilities and legal obligations of parties involved in the contract of sales or purchase or other kind of contract for the purpose of any business or commercial activity.

• It also includes the intellectual property law which involves the patents, trademarks, copyrights, etc. as well as the consumer protection law.

• Business law also applies to anyone who plans on starting a business of their own.

• It also deals with banking law, finance law and other important types of civil laws.


Rajagiri Centre for Business Studies is located in heart of Cochin, Kakkanad. RCBS is one of the major Business School in Kerala. They provide pg courses like MBA, PGDM, MHRM etc. Best B Schools in Kerala offer International MBA in Kerala.

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