Traditional Culture Encyclopedia - Traditional festivals - Traditional commercial law includes
Traditional commercial law includes
Commercial law is the general name of legal norms to adjust commercial relations between equal subjects. Commercial law is a departmental law that is juxtaposed with civil law and complements each other. Commercial law has the profit-making characteristics of adjusting behavior, and also has the principle of strict legitimacy of commercial subjects. It mainly includes company law, insurance law, partnership enterprise law, maritime law, bankruptcy law, bill law and so on.
People's Republic of China (PRC) Insurance Law Article 1 This Law is formulated for the purpose of regulating insurance activities, protecting the legitimate rights and interests of the parties involved in insurance activities, strengthening the supervision and management of the insurance industry, maintaining social and economic order and social interests, and promoting the healthy development of the insurance industry.
This Law is formulated with a view to standardizing the bankruptcy procedures of enterprises, clearing up the creditor's rights and debts fairly, protecting the legitimate rights and interests of creditors and debtors, and maintaining the order of the socialist market economy.
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