/kəˈmɜːrʃəl lɔːz/ – Phrase
Definition: bộ luật thương mại.
A more thorough explanation: Commercial laws refer to the body of laws that govern business and commercial transactions. These laws cover a wide range of topics, including contracts, sales, negotiable instruments, secured transactions, and business organizations. Commercial laws are designed to regulate and facilitate commercial activities, ensuring fairness and efficiency in business dealings.
Example: Understanding commercial laws is essential for businesses to operate within the legal framework.