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Simple English definitions for legal terms
Code de commerce
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A quick definition of Code de commerce:
Term: Code de commerce
Definition: The Code de commerce is a set of laws in France that were created in 1807 to regulate commercial transactions, bankruptcy, and the courts that handle these issues. It was created to supplement the Code Napoléon, which was a collection of French laws commissioned by Napoleon in the 19th century. The Code de commerce is important for businesses and individuals who engage in commercial activities in France.
A more thorough explanation:
Definition: Code de commerce is a French commercial law that was enacted in 1807. It deals with commercial transactions, bankruptcy, and the jurisdiction and procedure of the courts handling these subjects. This code supplements the Code Napoléon.
- A French company filing for bankruptcy would be subject to the rules and regulations outlined in the Code de commerce.
- The Code de commerce is one of the codes included in the Napoleonic Code, which was commissioned by Napoleon in the 19th century.
These examples illustrate how the Code de commerce is a set of laws that govern commercial transactions and bankruptcy in France. It is an important part of the Napoleonic Code, which is a collection of laws that were created to modernize and simplify the French legal system.