Because of its extensive scope, Business law has spawned a large number of legal practice area subcategories, which include Sales and Secured Transactions, Banking, Landlord-Tenant, Mortgages, Real Estate Transactions, Debtor and Creditor, Bankruptcy, Consumer Credit, Negotiable Instruments, and Contracts.
Business law and Commercial law are very closely related, so much so that the terms are often used interchangeably and the legal issues they address frequently overlap. The Uniform Commercial Code (UCC) is the principal presiding authority over commercial transactions.
To check out state business licensing and registration laws, visit our Business Licenses and Permits by State page.
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Business Law - US
- ABA - Section of Business Law
The Mission of the Section is to serve the public, the profession and the Section by furthering the development and improvement of business law, educating Section members in business law and related professional responsibilities, and helping Section members to serve their clients competently, efficiently and professionally.
Business.gov helps small businesses understand their legal requirements and locate government services from federal, state and local agencies. Business.gov is an official site of the U.S. Small Business Administration.
- Commercial Law / Business Law - Wikipedia
Commercial law (sometimes known as business law) is the body of law that governs business and commercial transactions. It is often considered to be a branch of civil law and deals with issues of both private law and public law. Commercial law includes within its compass such titles as principal and agent; carriage by land and sea; merchant shipping; guarantee; marine, fire, life, and accident insurance; bills of exchange and partnership. It can also be understood to regulate corporate contracts, hiring practices, and the manufacture and sales of consumer goods.
- DOL - Employment Law for Businesses
The elaws Advisors are interactive e-tools that provide easy-to-understand information about a number of federal employment laws. Each Advisor simulates the interaction you might have with an employment law expert. It asks questions and provides answers based on responses given.
- DOL - Self-Employment Assistance
Self-Employment Assistance offers dislocated workers the opportunity for early re-employment. The program is designed to encourage and enable unemployed workers to create their own jobs by starting their own small businesses. Under these programs, States can pay a self-employed allowance, instead of regular unemployment insurance benefits, to help unemployed workers while they are establishing businesses and becoming self-employed. Participants receive weekly allowances while they are getting their businesses off the ground.
- Legal Information for Small and Large Businesses
Broad ranging material on business laws, regulations, structuring, capital, taxes, securities, employment, contracts, labor & more
- Model Business Corporation Act
A corporation is a legal entity created through the laws of its state of incorporation. Individual states have the power to promulgate laws relating to the creation, organization and dissolution of corporations. Many states follow the Model Business Corporation Act.
- Partnership Law
A partnership is a for-profit business association of two or more persons. Because the business component is defined broadly by state laws and because "persons" can include individuals, groups of individuals, companies, and corporations, partnerships are highly adaptable in form and vary in complexity. Each partner shares directly in the organization's profits and shares control of the business operation. The consequence of this profit sharing is that partners are jointly and independently liable for the partnership's debts.
- Small Business Administration (SBA)
The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation. We recognize that small business is critical to our economic recovery and strength, to building America's future, and to helping the United States compete in today's global marketplace.
- Small Business Advocacy
Despite their importance to the economy, small businesses are heavily burdened by the costs of government regulation and excessive paperwork. Advocacy research shows that firms with fewer than 20 employees annually spend 45 percent more per employee than larger firms do to comply with federal regulations.
- Small Business Financing - Loans and Grants
Federal, state and local governments offer a wide range of financing programs to help small businesses start and grow their operations. These programs include low-interest loans, venture capital, and scientific and economic development grants.
- Uniform Commercial Code
The Uniform Commercial Code (UCC or the Code), first published in 1952, is one of a number of uniform acts that have been promulgated in conjunction with efforts to harmonize the law of sales and other commercial transactions in all 50 states within the United States of America. The goal of harmonizing state law is important because of the prevalence of commercial transactions that extend beyond one state. For example, goods may be manufactured in State A, warehoused in State B, sold from State C and delivered in State D. The UCC therefore achieved the goal of substantial uniformity in commercial laws and, at the same time, allowed the states the flexibility to meet local circumstances. The UCC deals primarily with transactions involving personal property (movable property), not real property (immovable property).
- US Department of Commerce
The U.S. Department of Commerce has a broad mandate to advance economic growth and jobs and opportunities for the American people. It has cross cutting responsibilities in the areas of trade, technology, entrepreneurship, economic development, environmental stewardship and statistical research and analysis. The products and services the department provides touch the lives of Americans and American companies in many ways, including weather forecasts, the decennial census, and patent and trademark protection for inventors and businesses.
State Business Portals
Organizations Related to Business Law
- All Business
AllBusiness.com is an online media and e-commerce company that operates one of the premier business sites on the Web. The site has received critical acclaim and notoriety from The Wall Street Journal, Forbes, Business 2.0, Fortune, The New York Times, US News & World Report, USA Today, and other publications. AllBusiness.com helps business professionals save time and money by addressing real-world business questions and presenting practical solutions. The site offers resources including how-to articles, business forms, contracts and agreements, expert advice, blogs, business news, business directory listings, product comparisons, business guides, a business association and more.
- Association for Corporate Growth
The Association for Corporate Growth, Inc. is a global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions.
- Association of Business Trial Lawyers
The ABTL was founded in Los Angeles in 1972 to provide a collegial forum for the discussion of business litigation issues. From the very start, the ABTL has been committed to promoting and enhancing communications between the bar and the federal and state benches.
- Association of Corporate Counsel
The Association of Corporate Counsel (ACC), the in-house bar associationSM, serves the professional needs of attorneys who practice in the legal departments of corporations and other private sector organizations worldwide. ACC promotes the common interests of its members, improves the understanding of the role of in-house attorneys, provides useful and practical resources and programs, and ensures that members have a voice on issues of most concern.
- Better Business Bureau (BBB)
BBB’s mission is to be the leader in advancing marketplace trust. BBB accomplishes this mission by: * Creating a community of trustworthy businesses * Setting standards for marketplace trust * Encouraging and supporting best practices * Celebrating marketplace role models, and; * Denouncing substandard marketplace behavior.
- Center for Corporate Policy
The Center for Corporate Policy is a non-profit, non-partisan public interest organization working to curb corporate abuses and make corporations publicly accountable.
- Legal Information for US Business Organizations - Free Management Library
The Library provides easy-to-access, clutter-free, comprehensive resources regarding the leadership and management of yourself, other individuals, groups and organizations. Content is relevant to the vast majority of people, whether they are in large or small for-profit or nonprofit organizations. Over the past 15 years, the Library has grown to be one of the world's largest well-organized collections of these types of resources.
- Minority Business Development Agency (MBDA)
The Minority Business Development Agency (MBDA) is part of the U.S. Department of Commerce. MBDA is the only federal agency created specifically to foster the establishment and growth of minority-owned businesses in America. MBDA is an entrepreneurially focused organization committed to wealth creation in minority communities. The Agency's mission is to actively promote the growth and competitiveness of large, medium and small minority business enterprises (MBEs).
- National Women's Business Council
The National Women's Business Council is a bi-partisan federal advisory council created to serve as an independent source of advice and counsel to the President, Congress, and the U.S. Small Business Administration on economic issues of importance to women business owners. The Council's mission is to promote bold initiatives, policies, and programs designed to support women's business enterprises at all stages of development in the public and private sector marketplaces -- from start-up to success to significance.
- United States Business and Industry Council
The U.S. Business and Industry Council is a national organization of business owners and executives dedicated to making the U.S. domestic economy the world's leading engine of economic growth. The USBIC Educational Foundation is its research arm. Only a robust national economy, balanced in capabilities and dynamic in operation, can provide the material base for an American society that is stable at home and secure in the world.
Publications Related to Business Law
- Business Law - Business Exchange
News and opinion about the latest developments in all aspects of business law, ranging from law firm practices to regulatory decisions to business-related rulings from state and federal courts.
- Foster Business Library
We are a collaborative learning community of faculty, staff, students, alumni and business partners dedicated to the creation, application, and sharing of management knowledge. We are recognized thought leadeers whose research contributes to the understanding of important management issues. Our programs place special emphasis on leadership and strategic thinking. Our students are capable of leading teams, and ultimately organizations, and can roll up their sleeves to solve complex, unstructured real-world problems.
- Franchises and Business Opportunities
Want to be your own boss? A franchise or business opportunity may sound appealing, especially if you have limited resources or business experience. However, you could lose a significant amount of money if you don't investigate a business carefully before you buy. By law, franchise sellers must disclose certain information about their business to you, the buyer. This guide provides helpful advice on buying and evaluating a franchise and information on how to avoid common scams.
- Mondaq - Business News
Mondaq, launched in August 1994, is one of the most comprehensive electronic resources of professionals' knowledge and expertise. We provide legal, regulatory and financial commentary and information supplied directly by hundreds of the world's leading professional advisors, covering over 70 countries.
Articles on HG.org Related to Business Law
- Can an Arm's-Length Principle Fall Outside the Arm's-Length Range?The Metropolitan Court passed a strange judgement in a recent case. According to the judgement, taxpayers cannot argue that they used arm’s-length price in their transaction with their related companies if the corresponding transfer pricing document does not meet the legal requirements.
- Amendment to Article 211 of the Companies Act – Private Exempt CompaniesBy virtue of Act 3 of 2013 Article 211 of the Companies Act was amended such that, the words "is holder of, or has any interest in, any shares or debentures of the company or" in paragraph (b) of sub-article (2) thereof have been deleted.
- Arbitration Is Usually Better for BusinessUnder most circumstances, Arbitration is a better dispute settlement process.
- Merging Dental PracticesIn this article I discuss the merger of dental practices, from a legal perspective. Without further adieu:
- Preparing to sell a Solo Veterinary PracticeIn this article, I give some thoughts on preparing to sell your solo veterinary practice.
- Classifying a Veterinarian as an Employee or a ContractorMost veterinary practices want to classify their hired veterinarians as contractors not employees. Contractors are cheaper and easier than employees. You don’t withhold taxes for contractors, nor do you pay benefits, workers compensation or unemployment insurance, nor must you comply with the wage & hour laws (including overtime) for contractors.
- Funding Portals 101The JOBS Act includes provisions to allow intermediaries known as “Crowdfunding Portals” to assist companies with raising capital using the internet. Crowdfunding Portals will serve as attractive capital raising centers for private companies seeking to go public in need of seed capital.
- The JOBS Act – The Crowdfunding LimboThe Jumpstart Our Business Startups (“JOBS”) Act was signed into law by President Obama on April 5, 2012. The JOBS Act requires the Securities and Exchange Commission (the “SEC”) to issue final regulations regarding the portions of the JOBS Act relating to crowdfunding within 270 days of the law’s enactment on December 31, 2012.
- The OTCBB – an Obsolete MarketplaceThe OTC Bulletin Board (“OTCBB”) is an electronic quotation system that provides real-time quotes, last-sale prices, and volume information for some over-the-counter securities not listed on a national securities exchange such as NASDAQ.
- Market Makers 101The last step in going public transactions is for the soon-to-be-public company to obtain a stock trading or ticker symbol. In order to obtain a ticker symbol, the company seeking to go public’s stock must first be listed on a national securities exchange or qualify for quotation on the OTCMarkets’ Pink Sheets, OTCQB, or OTCQX markets.
- All Business and Industry Law Articles
Articles written by attorneys and experts worldwide discussing legal aspects related to Business and Industry including: agency and distributorship, agency law, business and industry, business formation, business law, commercial law, contracts, corporate governance, corporate law, e-commerce, food and beverages law, franchising, industrial and manufacturing, joint ventures, legal economics, marketing law, mergers and acquisitions, offshore services, privatization law, retail, shareholders rights and utilities.