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Questions and Answers
What is a characteristic of commercial transactions that distinguishes them from civil transactions?
What is a characteristic of commercial transactions that distinguishes them from civil transactions?
- They are governed by public law.
- They involve credit transactions.
- They are swift and often involve multiple transactions. (correct)
- They are applicable to civil companies only.
What is the primary distinction between public law and private law in Algeria?
What is the primary distinction between public law and private law in Algeria?
- Public law refers to rules governing state authority, while private law regulates relations among legal persons. (correct)
- Public law governs commercial transactions, while private law governs civil transactions.
- Public law is concerned with credit transactions, while private law is concerned with swift transactions.
- Public law is applicable to commercial companies, while private law is applicable to civil companies.
What is the significance of credit feature in commercial transactions?
What is the significance of credit feature in commercial transactions?
- It requires special rules to meet credit requirements, such as bankruptcy and solidarity. (correct)
- It is applicable to civil transactions only.
- It enables swift transactions.
- It allows for flexibility in evidence rules.
Why is commercial law considered a private law?
Why is commercial law considered a private law?
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What is an example of a special provision in commercial law that accommodates the swiftness feature of commercial transactions?
What is an example of a special provision in commercial law that accommodates the swiftness feature of commercial transactions?
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