What is commercial law?
Commercial law is the subject of transactions, acts that involve a business enterprise and consists of five parts, commercial business, company law, maritime trade, negotiable documents and insurance. Commercial business law, commercial business, commercial enterprise, merchant concepts, as well as commercial custom traditions. The provisions of the Commercial Code and the commercial provisions relating to a commercial enterprise shall be in accordance with the special provisions written in other laws. The Court shall decide on commercial affairs, commercial traditions and customs which do not have a commercial provision, or in accordance with the general provisions. The merchant is the person who operates a commercial enterprise in his own name, in part. Tradesman is a person who is engaged in art or trade, whose economic activity is based on his physical work rather than his capital. If the merchant has seen a business or service related to his business, he may ask for an appropriate fee and interest. Trade registry, trade name and business name, unfair competition, commercial books, current account agreement, agency, commercial representative, commercial proxy, commercial enterprise law are among the important concepts. The company, which is dealt with under the law of trading companies, refers to the fact that two or more people bring their labor and capital together to reach a common economic goal. In the Commercial Code, the collective person in charge with the collective; and the limited liability company, which is divided into shares, is specified as capital company. In the company law, every company is dealt with separately with very detailed provisions, from its organizations to its operations, from partnership structures to liquidation. The basic concept of negotiable instruments law is the negotiable instruments such that the rights they contain cannot be forwarded separately from the bill and cannot be transferred to others. The turnover is a declaration of will that gives rise to legal consequences, such as a right, transfer or pledge. The written copy is a negotiable document which does not include a record of a certain person and does not include a record of the order. The bearer written deed is the negotiable document which is understood to be deemed to be the rightful owner, if any, from the text or the form. Bills (checks, bills, policies) are the most common model of negotiable documents.
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