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Commentaries and cases on the law of business organizations 2016 2017 statutory supplement supplements 28 price 240 00 the legal environment of business text and cases 277 price 144 58 39995 business law and the legal environment 105 price 245 99 27900 . Mercantile or business law addresses the legal matters between commercial entities and people it regulates business transactions as well as business formation partnerships bankruptcy and more. Business law definition business law is a law specialisation which is also referred to as mercantile law business law deals with the laws on the basis of which every deal between people and commercial firms are governed you can download the file in 53 seconds importance of business law. The text provides the vocabulary and legal acumen necessary for businesspeople to talk in an educated way to their customers employees suppliers government officials and to their own lawyers