Introduction to Business Law Flashcards (10 cards)

All cards

1Question

Economy — study of?

Answer

Wealth phenomena and production

2Question

Commercial law — role?

Answer

Regulates relations, secures transactions

3Question

Courts of commerce — created?

Answer

In 1997, specialized magistrates

4Question

Commercial law — regulation?

Answer

Regulates economic transactions and relations.

5Question

Main sources?

Answer

Moroccan Code, treaties, usages, jurisprudence.

6Question

Legal jurisdiction?

Answer

Specialized commercial courts since 1997.

7Question

Acts of commerce — types?

Answer

Form, accessory, mixed; e.g., bills, companies.

8Question

Merchant — criteria?

Answer

Habitual, professional, ≥18, capable.

9Question

Auto-entrepreneur — features?

Answer

Simplified regime, turnover limits, recent reforms.

10Question

Fonds de commerce — contents?

Answer

Client base, equipment, rights.

Test yourself with the quiz

Answer 10 questions on Introduction to Business Law.

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

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

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