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Commercial Law Training and Development Courses

Commercial law heavily impacts the business world, and as such is important for both legal professionals and business professionals. If you are a business professional seeking information regarding how commercial law may impact your transactions, or if you are a legal professional aiming to brush up on your skills, there are training courses available for you! Browse the list of training courses below to find programs best suited to your personal or professional development.

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Displaying 1-6 of 6 results
Restructuring the Commercial Loan
Lorman Education Services
1.5 hours
219 USD
Online
Gain valuable insights on current issues surrounding restructuring commercial loans. A commercial loan restructuring requires a working knowledge of a...
Ohio Commercial Activity Tax
Lorman Education Services
1.5 hours
199 USD
Online
Gain a better understanding of the reporting requirements of the commercial activity tax in Ohio. Even though Ohio’s Commercial Activity...
Key Issues in Commercial Lease Negotiations
Lorman Education Services
1.5 hours
199 USD
Online
Walk away with a better understanding of lease negotiations and key commercial lease provisions. This topic is intended to provide...
Commercial Leases: A Discussion of Operating Expenses, Real Estate Taxes and Other Costs/Expenses
Lorman Education Services
1.5 hours
219 USD
Online
Step by step, real life examples will allow you to identify and quantify delays before they occur, preventing unnecessary disputes...
Trucking Litigation
Lorman Education Services
1.5 hours
199 USD
Online
Correct employee classification is essential. Avoid lawsuits and learn how to navigate the complex rules of the Fair Labor Standards...
Repo & Securities Lending: Negotiation and Documentation
Euromoney Learning Solutions - Legal Training
3 days
4,050 USD
Miami
This three day course in Miami is designed to guide participants through repurchase and lending agreements used both in the...
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Displaying 1-6 of 6 results
 

More about Commercial Law Training and Development Courses

What is Commercial Law?

Commercial law is considered to be a branch of civil law, and can sometimes be referred to as business law. Commercial law deals with the rights and conducts of individuals and businesses that are engaged in business, commerce, and consumer transactions. This branch of law can involve issues of both private law and public law. Main legal activities of commercial law include the involvement of regulating corporate contracts, reviewing hiring processes, and the manufacture and sales of consumer goods.

The Uniform Commercial Code and its Articles

Within the United States, commercial law is within the jurisdiction of both the United States Congress and the states individually. In regard to the United States Congress, commercial law deals with its power to regulate interstate commerce. In regard to the individual states, commercial law deals with their police power. Though commercial law is separated between the states and the United States Congress, all 50 states, as well as the District of Columbia and all United States territories, have adopted the Uniform Commercial Code. Only a few slight modifications by state legislatures have been made.

This Uniform Commercial Code is divided into nine articles which cover a wide variety of issues that may arise in commercial transactions. These nine articles within the Uniform Commercial Code are as follows:

  • Article 1
    • General Provisions
    • Definitions and principles applying to the entire code

  • Article 2
    • The Sale of Goods

  • Article 3
    • Commercial Paper
    • Negotiable instruments
    • Promissory notes and checks

  • Article 4
    • Banks
    • The handling of checks and financial documents by banks

  • Article 5
    • Letters of Credit

  • Article 6
    • Bulk Transfers

  • Article 7
    • Relationships between buyers and sellers
    • Relationships between transporters of goods (carriers)

  • Article 8
    • Investment Securities
    • Rules on the issuance and transfer of stocks, bonds, investment securities

  • Article 9
    • Secured Transactions
    • Security interests in real property

Commercial Law: A Static Field of Law

The world of business is dynamic and can change from day to day, depending on the industry. Despite the dynamic nature of the business world, commercial laws have remained quite static throughout history. Revisions to the articles Uniform Commercial Code have been made, although these revisions have been infrequent. The revision process usually tends to be quite slow and deliberate, taking several years to complete. It is quite important for commercial law to remain static, as a frequent changing of laws and regulations would deeply impact the business world. Currently, one can conduct business with a high degree of certainty regarding the law and the legality of their transactions.

A broad concept that describes the Substantive Law that governs transactions between business entities, with the exception of maritime transportation of goods (regulated by Admiralty and Maritime Law). Commercial law includes all aspects of business, including advertising and marketing, collections and Bankruptcy, banking, contracts, negotiable instruments, Secured Transactions, and trade in general. It covers both domestic and foreign trade; it also regulates trade between states.