Offices within the Los Angeles Downtown Financial DistrictA very detailed and well-established body of guidelines that advanced over a really long time period applies to commercial transactions. The want to control trade and commerce and resolve business disputes helped shape the creation of law and courts. The Code of Hammurabi dates again to about 1772 BC for example and incorporates provisions that relate, amongst different issues, to transport costs and dealings between merchants and brokers. The word “company” derives from the Latin corpus, that means body, and the Maurya Empire in Iron-Age India accorded authorized rights to business entities.
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