ORIGINS AND DEVELOPMENT OF EUROPEAN COMMERCIAL LAW
ORIGINS AND DEVELOPMENT OF EUROPEAN COMMERCIAL LAW

Summary/Abstract: One can speak of commercial law in those societies where there are rules to regulate commercial activity. From the twelfth century onwards, through the practice of concrete exchanges, Europe began to speak of a "commercial law" separate from the law that regulated other types of relations. Trade fairs and markets are held by merchants from many countries, and attention is paid not only to sales but also to other aspects such as finance, shipping insurance or transport. Already in the Modern Era, the opening to oceanic trade and the development of the technique and the affirmation of the centralized and interventionist states, will produce great innovations. Due to the impulses of the European codification activity, in Spain the Commercial Code of 1885 was approved, of objective scope when delimiting the commercial matter.

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