The term ‘mercantile law’ is generally used to refer to the broad field of law covering the rules, processes and institutions specifically intended for the regulation of transactions or activities that are economic or profit-driven in their nature or underlying motivation. Precisely because of that nature, these transactions or activities, inter alia, pose unique risks/dangers to the parties and the public interest, hence the need for appropriate and effective legal rules. As a term, ‘mercantile law’ is often used interchangeably with ‘commercial law’, ‘business law’, and even ‘entrepreneurial law’.
The law subjects or modules falling within the field (and therefore under the Department’s responsibility) are: Law of Business Entities; Company Law; Competition Law; Law of Insolvency; Labour Law; Law of Instruments of Payment; Insurance Law; Securities Regulation; Consumer Law; Law of Intellectual Property; International Trade Law; Tax Law; and Commercial Law for non-law degree students. The Department also offers opportunities for postgraduate students to pursue master’s or doctoral studies (by research) on topics falling within any of the abovementioned subject areas.