Colombian Commercial Code

BOOK FOUR

OF COMMERCIAL CONTRACTS AND OBLIGATIONS

TITLE I

OBLIGATIONS IN GENERAL

CHAPTER I

Overview

Article 822 .- The principles that govern the formation of the acts and contracts and legal obligations civil effects, interpretation, so extinguished, canceled or terminated, shall apply to the obligations and commercial legal business, unless the law provides otherwise.

The test in commercial law is governed by the rules in the Code of Civil Procedure, except special rules in the law.

Article 823 .- The usual technical terms used in documents intended to establish business contracts or obligations, or relating to the execution of such contracts or obligations, shall have the meaning they have in the Castilian language.

When they are used simultaneously several languages, understand those terms in the sense that they have in Castilian, if that language was used, in absence thereof, will be the Spanish version that is closest to the meaning of original text.

The meaning of this article is the legal term or phrase has in the respective language, or coach to give the science or art belonging to or finally the natural and obvious meaning of the language concerned.

Article 824 .- Traders may express their will of contracts or obligations verbally, in writing or by any means unequivocal. When a statute requires a certain solemnity as an essential requirement of the legal business, this will not form until it fills the solemnity.

Article 825 .- In the mercantile business, where there are several debtors is presumed to be jointly and severally liable.

Article 826 .- Where the law requires that an act or contract in writing with just the kind with the handwritten signatures of the subscribers.

By signing means the expression of the subscriber's name or any of the elements that integrate or a sign or symbol used as a means of personal identification.

If either can not or does not know how to sign, will someone at his request, this two attesting witnesses, and printed in the document fingerprints or plantar grantor.

If the law provides otherwise, the letters or telegrams equivalent to the written form, provided the original letter or telegram to be signed by the sender, or it is proved that they have been issued by him or by his order.

Article 827 .- The signature comes from some mechanical means shall not be deemed sufficient but in business as the law or custom support it.

Article 828 .- The signing of the blind do not force them but when duly authenticated by a judge or notary, after having read the relevant document from the same judge or notary.

Article 829 .- In terms of hours, days, months and years, will follow the rules stated below:

1. When the time limit of hours, start to run from the first second of the next hour, and will run until the last second of the last hour inclusive;

2. When the time limit of days will exclude the day when the legal transaction has been concluded, unless the express intention of the parties otherwise indicates, and

3. When the period is months or years to maturity will be held the same day for months or years, if it has no such date shall expire on the last day of respective month or year. The deadline expires on a holiday shall be extended until the next day. The expiration date shall be available until six o'clock.

Paragraph 1 .- The terms of days specified in the law means in business, the conventional common.

Paragraph 2 .- The periods of grace granted by agreement of the parties prior to the expiration of the term shall be construed as extension.

Article 830 .- The abuse of their rights to be liable to compensate the damages caused.

Article 831 .- Nobody can get rich without cause at the expense of another.

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