United Kingdom commercial law

United Kingdom commercial law is the law which regulates the sale and purchase of goods and services, when doing business in the United Kingdom.

Contents 1 History 2 Foundations 2.1 Personal property 2.2 Contracts 2.3 Agency 3 Sale of goods 3.1 Sale of Goods Act 1979 3.2 Property passing and delivery 3.3 Terms, acceptance and rejection 3.4 Remedies and duties 4 Bills of exchange and banking 5 Assignment and receivables 6 International sales 7 Commercial credit and security 7.1 Possessory security 7.2 Non-possessory security 7.3 Guarantees 8 Insurance law 9 Insolvency law 10 See also 11 References 12 External links

History

• Lex Mercatoria

Foundations

Personal property

• Real property and personal property
• Ownership
• Equitable ownership
• Possession
• Attornment
• Bailment

Contracts

• Commercial contracts

Agency

Creation and authority of agents

Disclosed and undisclosed agency

Agent duties and rights

Termination of agency

Sale of goods

Sale of Goods Act 1979

• Sale of Goods Act 1979, the primary statute applicable to the sale of goods.

Property passing and delivery

• Title retention clause

Terms, acceptance and rejection

• Unfair Contract Terms Act 1977
• Unfair Terms in Consumer Contracts Regulations 1999
• Consumer Protection (Distance Selling) Regulations 2000

Remedies and duties

• United Nations Convention on Contracts for the International Sale of Goods
• UNCITRAL Model Law on International Commercial Arbitration

Bills of exchange and banking

• Negotiable instrument
• Bill of exchange
• Bank regulation
• Payment systems
• Cheques

Assignment and receivables

International sales

• United Nations Convention on Contracts for the International Sale of Goods

• Free alongside ship contract
• Free on board contract
• Cost, insurance, freight contract

Commercial credit and security

Possessory security

• Pledges
• Liens

Non-possessory security

• Mortgage
• Equitable charge
• Equitable lien

Guarantees

Insurance law

• Life Assurance Act 1774

• uberrimae fidei

• Subrogation

• Marine insurance and Marine Insurance Act 1906

Insolvency law

See also

• International commercial law
• Islamic Commercial Law

• UK competition law
• UK labour law
• UK company law

• European Union Value Added Tax
• Bill of lading
• Principal (commercial law)

• Centre for Commercial Law Studies
• European Centre for Comparative Commercial and Company Law

References

• L Sealy and RJA Hooley, Commercial Law: Texts, Cases and Materials (4th edn OUP, Oxford 2008)
• Roy Goode, Commercial law (3rd edn Penguin, London 2004)

External links

• Sale of Goods Act 1979 Official text of the statute as amended and in force today within the United Kingdom, from the UK Statute Law Database

Law of the United Kingdom Common fields Constitutional law · Civil liberties · Company and insolvency law · Competition law · Labour law · Commercial law · European Union law Parallel fields Scots delict and English tort law · Scots and English contract law · Scots and English property law · Trusts · Scots and English administrative law · Scots and English criminal law · Scots and English family law · Scots and English civil procedure Related systems English law · Northern Ireland law · Scots law · Welsh law · Law of the British Virgin Islands · Law of Australia · Law of Canada · Law of India · Law of New Zealand · Law of the United States · Anglo-Saxon law · Law of Hong Kong · Common law · Equity · English case law United Kingdom law category