Business, Management and Accounting
8 years ago

Separating Commercial Law from Civil Law: A Game-Changer for Business

Journal of Southern Yangtze University
Unification of Civil Law and Commercial Law
Yin Zhi

Paper Summary

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The theory of integrating commercial law with civil law has been around since the 19th century. The essence of commerce is profit-driven, requiring special regulations for safety and efficiency in transactions. This is why commercial law is a separate legal branch. In Chinese legislation, it is suggested that commercial code and civil code be compiled separately.