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Environmental protection also serves to penalise polluters within domestic legal systems. The law of agency, insurance coverage law, bills of change, insolvency and chapter law and gross sales law trace again to the medieval Lex Mercatoria. The UK Sale of Goods Act 1979 and the US Uniform Commercial Code are examples of codified common law industrial principles. Law and commerceCompany law sprang from the law of trusts, on the principle of separating ownership of property and management. The law of the modern firm started with the Joint Stock Companies Act 1856, handed in the United Kingdom, which provided traders with…