Commercial Law - Emma Leatitia Mimbie - Bog

Commercial law is the law of commerce and encompasses all commercial activity and operations which have as their object the transformation of products. Commercial law tells us that the trader is said to be a trader if he is registered in the trade and property credit register and that the latter earns his living from his trading activity. Commercial law is a branch of private law in the sense that it governs relationships between traders. It intervenes at all stages of economic life. The origin and evolution of this right lie in the history of commercial law. The speed of operations, the importance of credit, its history dates back to the Middle Ages and is quite difficult to retrace due to the absence of commercial activity. And, with the commercial court, the notion of territoriality takes precedence when judging a commercial matter. This means that the court which judges a commercial matter must be in the territory where the problem or dispute occurred.