Contrary to what the name might suggest, modern trade law does not apply solely to traders who run a business, but also to skilled crafts and trades, industry and other branches of the economy. Therefore, there can be many different ways and reasons for coming into contact with trade law.
Generally speaking, the legislative authorities act on the assumption that contractual relationships between companies require less protection by the law than those where private individuals are involved. It is for this reason that contractual arrangements must be scrutinised beforehand.
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