What type of legal matters fall under the umbrella of commercial law?

Commercial law, also known as business law, is a branch of law that governs the formation and operation of businesses in Oklahoma. It is designed to help businesses manage and resolve legal issues related to business operations, transactions, and relationships. Commercial law covers a wide range of legal topics, including business formation, contract formation and enforcement, employment law, securities law, and bankruptcy. The most common type of legal matters falling under the umbrella of commercial law include drafting and negotiating contracts, transactions, and agreements relating to the sale or transfer of business assets; advising on mergers and acquisitions; issuing securities; creating and maintaining trademarks and copyrights; resolving disputes related to franchisors and franchisees; and managing disputes between businesses and their customers or clients. Additionally, commercial law can also involve providing advice on issues such as privacy and data security, franchising, international business transactions, debt collection, and other related matters. In Oklahoma, commercial law also includes legal issues related to taxes, such as sales and use taxes, income taxes, and other taxes applicable to businesses. Lastly, commercial law includes contract disputes, including breach of contract, unfair trade practices, and antitrust law.

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