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A very detailed and well-established body of rules that advanced over a really lengthy time period applies to commercial transactions. The want to regulate trade and commerce and resolve business disputes helped form the creation of legislation and courts. The Code of Hammurabi dates again to about 1772 BC for example and accommodates provisions that relate, amongst other issues, to transport costs and dealings between retailers and brokers. The word “corporation Finance” derives from the Latin corpus, meaning body, and the Maurya Empire in Iron-Age India accorded authorized rights to business entities. General companions in a partnership , plus …