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
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
No
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
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