THE OBLIGATIONS OF COMMERCIAL PROFESSIONALS Cover Image

THE OBLIGATIONS OF COMMERCIAL PROFESSIONALS
THE OBLIGATIONS OF COMMERCIAL PROFESSIONALS

Author(s): Sorin Fildan
Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: trader; professional; business; economic activities

Summary/Abstract: Commercial professionals have some obligations under the law, aimed both at defending public interests and the interests of third parties who enter into contracts with traders and commercial credit, and at defending the interests of professionals themselves, by creating an appropriate legal framework for the activities they perform. The main obligations of traders are the following: fulfilling Trade Register advertising formalities; exercising trade within the limits of legitimate competition; and the organization and bookkeeping of commercial companies. This paper aims at elaborating on the three listed obligations, mainly referring to commercial professionals, as they carry out professional activities that are centered on obtaining profit.

  • Issue Year: 22/2012
  • Issue No: 1+2
  • Page Range: 102-107
  • Page Count: 6
  • Language: English