Commercial law, also known as business law or mercantile law, is the body of law that governs the rights and obligations of persons in their commercial dealings with one another, including trade, sales, business operations, and the regulatory framework influencing these activities.
A memorandum is a written document commonly used in business and legal contexts to record information, transactions, intentions, or summarise instrument details in a concise format.
Realty, also known as real estate, encompasses land and the buildings on it, as well as natural resources like crops, minerals, or water. It involves various facets such as acquisition, sale, management, and legal transactions concerning properties.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.