Business law or commercial law is a large umbrella which covers  within its ambit,  rights, relations, and conduct of individuals and businesses engaged in commerce, trade, and sales. It encompasses a wide range of legal topics including contracts, employment law, intellectual property, taxation, and corporate governance.

One of its key functions is to ensure that businesses operate fairly and ethically while protecting the rights of all stakeholders namely owners, employees, customers, and the public. Business law regulates the formation of companies, mergers and acquisitions, and the resolution of disputes. It also sets the legal framework for transactions and helps manage risk by providing clear guidelines on liability and compliance. This branch of law is essential for maintaining a stable and predictable commercial environment. Whether dealing with start-ups or multinational corporations, business law plays a critical role in fostering trust, ensuring accountability, and supporting economic growth through enforceable rules and legal protections.