Do businesspeople consider the rules of commercial law when they negotiate a business deal, or are the practicalities of whatever transaction they are about to agree their sole consideration? Or does the law fade into the background to such an extent that it becomes almost irrelevant? If so, what is the role of law in commerce and, therefore, what are the boundaries of commercial law? These questions are subject of this important book for teachers and researchers of commercial law, undergraduate and postgraduate students of commercial law subjects, legal practitioners, businesspeople, public bodies for the regulation of trade and commerce as well as libraries of reference.