as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
write a one-sentence definition of the term business law.
user
business law is the body of law that relates to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.
assistant