History of Commercial Law

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Questions and Answers

What is a feature of commercial transactions that distinguishes them from civil ones?

  • They are always conducted in writing
  • They are only conducted electronically
  • They involve multiple parties
  • They are swift and involve multiple transactions (correct)

What is one of the main characteristics of commercial law?

  • It is a criminal law
  • It is a constitutional law
  • It is a private law (correct)
  • It is a public law

What is a special provision in commercial law to facilitate swift transactions?

  • Stricter evidence rules
  • Flexibility in evidence rules (correct)
  • Mandatory arbitration
  • Longer judicial grace periods

Why do special rules exist in commercial law regarding credit?

<p>Because credit is commonly used in commercial transactions and delayed payments are involved (A)</p> Signup and view all the answers

What is an example of a special rule in commercial law that meets credit requirements?

<p>Solidarity and high commercial interest rates exist (C)</p> Signup and view all the answers

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