Commercial Law is a branch of law that governs business and commercial transactions. It covers a wide range of topics, including contracts, sales, and the formation of companies. This area of law ensures that businesses operate fairly and that their rights and obligations are protected. For example, when two parties enter into a contract, Commercial Law helps to enforce the terms agreed upon, ensuring that both sides fulfill their responsibilities. Additionally, Commercial Law addresses issues like intellectual property, which protects inventions and creative works, and bankruptcy, which provides a legal framework for businesses that cannot meet their financial obligations. By regulating these aspects, Commercial Law promotes a stable and predictable environment for businesses to thrive.