β Must-know
π Habitual performance of commercial acts can establish trader status even without registration in the Trade and Companies Register.
Further detail
Commercial acts performed habitually β trader status
β Must-know
π An act of commerce by nature produces trader status when it is performed repeatedly and habitually.
Further detail
1. Which statement correctly defines trader status under Article L121-1 of the Commercial Code?
2. Regarding the role of registration in determining trader status, which statements are correct?
3. Which statements accurately describe purchase for resale as a commercial act?
What defines a trader under Article L121-1 of the Commercial Code?
Performing commercial acts as their habitual profession.
How can habitual commercial acts affect trader status without registration?
They can establish trader status even without registration.
What is purchase for resale according to Article L110-1?
A commercial act of buying an asset to resell it, possibly after processing.
What condition produces trader status from an act of commerce?
Performing the act repeatedly and habitually.
When is buying an immovable asset for resale considered commercial?
When the buyer does not intend to construct and sell buildings as a whole or by premises.
What two conditions define a purchase-resale act as commercial?
Purchasing an asset and intending to resell it.
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