How does commercial law differ from criminal law?

Commercial law and criminal law are two distinct legal systems that are necessary for the proper functioning of a society. Commercial law is a body of law that governs business transactions between companies, individuals and other legal entities. It is primarily concerned with contracts, which are legally enforceable promises that two or more parties have agreed to. These contracts can be verbal or written and are used to provide certainty and clarity when two parties engage in business. On the other hand, criminal law is a system of law that focuses on punishing individuals for committing illegal acts. This type of law is concerned with the prevention and punishment of crimes, and the legal processes used to bring criminals to justice. Criminal law is enforced by the government and is distinct from civil law. The main difference between commercial law and criminal law is their purpose. Commercial law is designed to facilitate the exchange of goods and services between parties. Its purpose is to ensure that business transactions are fair and that companies are protected from unfair competition. Criminal law, on the other hand, is designed to punish individuals for committing crimes and protect citizens from harm. It is intended to uphold social order and prevent harm to society.

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How does commercial law differ from criminal law?

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