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MBUS108 Corporation and Commercial Law

Corporate law refers to the theory of corporations or the legal application of corporate law. It creates the policies, procedures, rules, and laws that govern the formation and management of any organisation. Commercial law is a law of business, trade and commerce that covers a wide range of subjects and problems. Contracts, businesses, partnerships, insolvency, taxes, shipping, competition, and more are governed by it and this affects both domestic and international transactions.

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