5 Questions
What is a characteristic of commercial transactions that distinguishes them from civil transactions?
They are swift and often involve multiple transactions.
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.
What is the significance of credit feature in commercial transactions?
It requires special rules to meet credit requirements, such as bankruptcy and solidarity.
Why is commercial law considered a private law?
Because it regulates relations among legal persons and between these persons and the state in its capacity as an ordinary person.
What is an example of a special provision in commercial law that accommodates the swiftness feature of commercial transactions?
Flexibility in evidence rules.
Explore the evolution of commercial law from ancient societies to modern times. Discover how commercial activities and practical necessities shaped the law. Learn about the development of commercial law in ancient eras and its international norms.
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