RELATIONS BETWEEN THE INSTITUTES OF ROMAN LAW AND CONTEMPORARY BUSINESS LAW WITH REFERENCE TO MACEDONIAN LEGISLATION
RELATIONS BETWEEN THE INSTITUTES OF ROMAN LAW AND CONTEMPORARY BUSINESS LAW WITH REFERENCE TO MACEDONIAN LEGISLATION

Summary/Abstract: The issue of how capital-intensive activity was financed in Rome has been studied and debated by a vast number of scholars of law, economy, history and even sociology. What can be ascertained is that the institutes of Roman law provide a firm basis for the development of contemporary business law. Institutes such as Societas (Publicanorum, Aregntarii), Consortium, Collegia, and even Peculium were just some of the examples of how business activity was essential to the Roman legal and societal system. The aim of this paper will be to analyze such institutes, and put them in context with contemporary business legislation, with a specific focus on the legislation in this field in the Republic of Macedonia. Looking through the examples of Roman law, the authors will provide guidelines for future trends in Macedonian business law legislation.

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