9360 34 Ave NW Edmonton, Alberta T6E 5X8

Business Law

Business law is the legislation controlling what deals in economic activities, and there are two primary types: regulating business companies and regulating business transactions. Laws have evolved over centuries, and have had to adapt to technological and social changes.

Bhalla law Firm have experience defending clients in the following business areas

  • Partnership Agreements
  • Tax Law
  • Sale & Purchase of Business
  • Sale & Purchase of Assets
  • Franchise
  • Employment Law
family law


Business law, also called commercial law or mercantile law, the body of rules, whether by convention, agreement, or national or international legislation, governing the dealings between persons in commercial matters.

Business law falls into two distinctive areas: (1) the regulation of commercial entities by the laws of company, partnership, agency, and bankruptcy and (2) the regulation of commercial transactions by the laws of contract and related fields.

In civil-law countries, company law consists of statute law; in common-law countries it consists partly of the ordinary rules of common law and equity and partly statute law. Two fundamental legal concepts underlie the whole of company law: the concept of legal personality and the theory of limited liability. Nearly all statutory rules are intended to protect either creditors or investors.