Commercial law exists to provide clear rules for businesses, making sure transactions are fair and efficient. It covers things like contracts, sales, and the exchange of goods, creating a predictable environment for business activities. By enforcing contractual obligations and safeguarding the rights of both businesses and consumers, it promotes economic growth. Commercial law also deals with issues like forming companies, protecting intellectual property, and ensuring fair competition. Its main goal is to establish a stable and transparent business environment that encourages trade, investment, and the overall smooth operation of businesses.