Entradas

Mostrando las entradas etiquetadas como COLOMBIAN COMMERCIAL CODE MERCHANTS TRADE ISSUES

Colombian Commercial Code - Decree 410 of 1971 - First Book - Of Merchants and Trade Affairs - Title I - Merchants - Chapter I - Merchants Rating - From Article 10 to Article 18

COLOMBIAN COMMERCIAL CODE BOOK ONE MERCHANT AND TRADE ISSUES TITLE I MERCHANT CHAPTER I Rating traders 10 .- Traders are people who professionally are engaged in any activity that the law considers commercial. The quality of trader acquires although commercial activity is exerted through an attorney, broker or an intermediary. 11 .- People occasionally running business operations are not considered traders, but subject to trade rules in respect of these operations. 12 .- Anyone under the common law has the capacity to contract and to commit, is able to engage in commerce, which under those same laws are incapable, are unqualified to perform commercial acts. ITEM 2. AND 3. Repealed. Law 27 of 1977. Adult minors can, with permission from their legal representatives, engage in commercial activities on behalf or on behalf of others under the direction and responsibility of these. 13 .- For all legal purposes a person is presumed...