Introduction to Business Law

From the study guide

Business Law (Droit de lEntreprise) - Exam Revision Sheet

1. 📌 Essentials

  • Commercial law regulates economic activities, transactions, and relations.
  • Main sources: Moroccan Code of Commerce, treaties, usages, jurisprudence.
  • Jurisdictions: specialized commercial courts established in 1997.
  • Core activities: production, distribution, services.
  • Acts of commerce: by form, accessory, or mixed; include bills, companies.
  • The merchant: habitual, professional operator, ≥18 years old, capable.
  • Restrictions: incompatible professions, fraud, bankruptcy disqualifications.
  • Obligations: accounting, registration, declaration, tax payments, social security.
  • Auto-entrepreneur: simplified regime with turnover limits and recent reforms.
  • Formalism ensures security; flexibility enables rapid transactions.

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Practice quiz preview

1. Which of the following is a source of commercial law?

2. What is the primary role of commercial law in economic activities?

3. What are the typical activities covered under commercial activities?

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Flashcard preview

Economy — study of?

Wealth phenomena and production

Commercial law — role?

Regulates relations, secures transactions

Courts of commerce — created?

In 1997, specialized magistrates

Commercial law — regulation?

Regulates economic transactions and relations.

Main sources?

Moroccan Code, treaties, usages, jurisprudence.

Legal jurisdiction?

Specialized commercial courts since 1997.

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