/kəˈmɜːrʃəl lɔː/ – Phrase
Definition: luật thương mại.
A more thorough explanation: Commercial law refers to the body of law that governs business and commercial transactions. It covers a wide range of legal issues, including contracts, sales, negotiable instruments, secured transactions, bankruptcy, and other aspects of business and commerce. Commercial law is designed to regulate and facilitate commercial activities and transactions between businesses and individuals.
Example: In commercial law, a contract is a legally binding agreement between two or more parties for the exchange of goods or services.