THE INFLUENCE OF PRIVATE LAW IN BUSINESS LAW

Private Law is primarily concerned with the rights and duties of individuals towards each other .The stat's involvement in this area of law is confined to a civilised method of resolving the dispute that has arisen .Thus , the legal process is begun by the aggrieved citizen and not by the state .
Private law is also called civil law and is often contrasted with criminal law .
The concept of private law in common law countries is a little more broad , in that it also encompasses private relationships between governments and private individuals or other entities .
That is , relationships between governments and individuals based on the laws of contract or torts are governed by private law ,and are not considered to be within the scope of public law.
By the way , Business Law is one of the branches of private law which deals with a set of rights relating to business affairs such as contract law , etc ...
It regulates the activity of traders and industrialists in the exercise of their professional activity .