26 Questions
What aspect of Commercial Law specifies certain forms of activities as commercial activities?
Commercial Law
What is the focus of Commercial Law in terms of commercial activities?
Specifying few forms of activities as commercial
What type of activities does Commercial Law consider as commercial activities?
Few forms of activities
What is the significance of Commercial Law in commercial transactions?
It specifies certain activities as commercial
What is the relationship between Commercial Law and commercial activities?
It specifies certain forms of activities as commercial
What are the two main categories of companies?
Civil and commercial companies
Which type of company is NOT mentioned in the passage?
Investment company
What is the main distinction between the two types of companies?
Purpose of the company
How many types of companies are mentioned in the passage?
Two
What is NOT a characteristic of civil companies?
It is an investment company
Which of the following activities is considered a commercial activity according to Article 4?
Purchasing movables with the aim of leasing them
What is considered a commercial activity according to Article 6?
All works connected with maritime or air commercial navigation
Which of the following is NOT a commercial activity according to Article 4?
Trading of shares
What is the main criterion for an activity to be considered commercial according to Article 4?
The aim of selling or leasing
Which article of the Egyptian Commercial Code deals with maritime or air commercial navigation?
Article 6
What is the purpose of Article 4 of the Egyptian Commercial Code?
To define commercial activities
What is considered a commercial activity?
Establishing a commercial company
What is NOT considered a commercial activity?
Establishing a civil company
What is the main difference between establishing a commercial company and a civil company?
One is considered a commercial activity and the other is not
Why is establishing a commercial company considered a commercial activity?
Because it involves the establishment of a business
What can be inferred about commercial activities?
They can involve establishing a commercial company
What type of workers are considered to be involved in commercial activities?
Pilots or navigators on ships or aircraft
What is the characteristic of commercial activities per se?
They are considered business operations
Which of the following is an example of a commercial activity per se?
A pilot flying a commercial airliner
What is the primary focus of commercial activities per se?
Generating revenue
Which of the following is NOT an example of a commercial activity per se?
A person selling goods at a garage sale
Study Notes
Commercial Transactions
- Commercial acts or activities are specified by Commercial Law, which includes:
- Purchasing movables with the aim of selling or leasing them
- Renting movables with the aim of leasing them
- Founding trading firms
- All works connected with maritime or air commercial navigation are considered a commercial activity
Founding Commercial Companies
- There are two kinds of companies: civil companies and commercial companies
- The act of establishing a commercial company is considered a commercial activity
- However, establishing a civil company is NOT considered a commercial activity
- Using navigators, pilots, or other workers on ships or aircraft is also considered a commercial activity
Learn about the different forms of commercial activities specified in Commercial Law. Test your understanding of commercial transactions and commercial acts.
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