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Business Law Under The New Civil Code

Author

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  • Valentin-Stelian Badescu

    (Faculty of Law and Administrative Sciences, „Romanian – German” University, Sibiu, Romania)

Abstract

Business law is the crossroads of different orientations of legal thought, economic and political. Related to business law from the perspective of the new Civil Code should be noted that adoption of the new Civil Code of the unified system of regulation of private law doctrine revived the old controversy on commercial material name. It was argued that a consequence of monistic conception of the Civil Code will be abandoning the classical conception of commercial law and we will be a Business Law or a professional contract law, which will add more institutions of commercial law matters traditionally transformed into distinct. We must recognize that name as the business is commercial and modernization suggests, naming commercial law, which is obsolete.

Suggested Citation

  • Valentin-Stelian Badescu, 2012. "Business Law Under The New Civil Code," Perspectives of Law and Public Administration, Societatea de Stiinte Juridice si Administrative (Society of Juridical and Administrative Sciences), vol. 1(1), pages 338-351, December.
  • Handle: RePEc:sja:journl:v:1:y:2012:i:1:p:338-351
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    File URL: http://www.businesslawconference.ro/revista/articole/an1nr1/39%20Badescu%20Valentin%20Eng.pdf
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    More about this item

    Keywords

    Romanian Civil Code; private law; business law; commercial law; transdisciplinary research; professional merchants.;
    All these keywords.

    JEL classification:

    • K20 - Law and Economics - - Regulation and Business Law - - - General

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