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Commercial law is a field of law that contends with all issues relating to commerce and trade practices. It defines and determines the right and duties of trading parties and those engaging in commercial activities towards their receiving party and vice versa. It includes the study of topics like 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 include the study of topics like corporate contracts, hiring practices, and the manufacture and sales of consumer goods. The course is a full-fledged law degree which gives students insight into the core subject, issues and topics that professional bodies require. Such bodies are able to grant expemtions for those intending to become solicitors or barristers. The course also includes certain aspects of corporate law as corporations also fall under the general jurisdiction of commercial law. Also, the students are taught the subjects from a dual approach involving both academic and practice-based approaches.
The undergraduate honours course in commercial law is 4 years long and includes numerous topics and issues in its curriculum. The curriculum is inclusive of many other relating domains like international law, contract law, tort law etc. Learning about these laws in terms of the impact they have on commercial law is important as it exposes the legal framework and hierarchy within which these laws operate. Topics in the curriculum can include:
In the first year, students may study topics like commercial foundations; contract; public law; tort law.
In the second year, students may study topics like commercial foundations; criminal law; European Union law; land law.
In the third year, students may study topics like commercial law; equity and trusts; company law; dissertation in law; elements of taxation; entertainment law; labour law; law of intellectual property; law of international trade; media law; public international law.
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