Commercial law is the law that is charged with governing business, and includes the legal ramifications of business dealings and encompasses the entire scope of commercial transactions. It is very important to individuals and organizations that are engaged in day-to-day business and commercial transactions. The commercial legal field ensures that all applicable laws governing business and commercial transactions are followed, which creates an atmosphere of fair and just business dealings. Without the governing rules provided by commercial law statutes, the business world would be a free for all of unfair and unjust business dealings, which would follow no ethical guidelines. The field is usually considered a branch of civil law due to its emphasis on controlling the civil actions conducted by businesses, but the ramifications of breaking this code of law could result in both civil and criminal actions being taken against those who break commercial business laws.