Mercantile

Test Your Knowledge of Mercantile Law

Challenge yourself with our comprehensive quiz on Mercantile Law! Designed for those interested in the intersections of commerce and civil law, this quiz will evaluate your understanding of essential legal principles relevant to business operations.

10 thought-provoking questions
Multiple choice format to test your knowledge effectively
Ideal for students, professionals, or anyone keen on understanding commercial law

10 Questions2 MinutesCreated by NavigatingLaw342

The relationship between civil and commercial law is characterized as which of the following?

Mercantile law is special in relation to the civil system

Mercantile rules play for merchants

Civil law has application on a subsidiary basis

All of the above

Commercial law developed during:

Medieval times due to the inability of common rules (civil rules: roman + canonic law) to meet the needs of merchants

The modern era

The Greek era

None of the above

The business doctrine, or so called “enterprise doctrine” states:

The mercantile rules are the assemblage of legal rules, mainly private, applied to the entrepreneur and their activity

That the enterprise is an economic phenomena

That the enterprise joint capital and work

The legal sources of mercantile law are:

The law, the customs, and the general principle of law

The European rules

Company law

The regulations and European’s directives

The Spanish constitution determines that:

The power in mercantile matters has to be divided between the central state and regional autonomies

Exclusive legislative power to regulate mercantile matters is granted to the state

The state has to guarantee market unity and equal civil rights of citizens within the entire national territory

All of the above

Which of the following are functions of customs?

To fill the gaps and regulate relevant situations as a are source of law

When the statutory provision is too abstract, uses may help to concretize the legal mandate

Uses are called on to establish certain rules of the contract when the law as well as the parties have remained silent thereon

All of the above

The general principle of law:

Are important interpretative tools likely to dispel doubts and clarify obscure provisions

Have no normative function at all

Fulfill deficiencies in contractual relations

Impose behavior on businesspersons

Are court decisions among the sources of law? Choose the correct answer:

Yes

They play the role of competing the legal system

Parties uses them to fill the gaps in contractual relations

The different classes of community laws are:

Regulations

Directives

Recommendations and decisions, opinions and recommendations

All of the above

European primary law, relates to:

The treaties establishing the European union

The secondary sources, or the legal instruments based on the treaties

The elements of law not provided for by the treaties

The conflict rules used as the main tool of international private law for managing international activity

Mercantile

Test Your Knowledge of Mercantile Law

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