Put () or (), Then write the

justification:
1. the law of commerce is the law no.8 of 1997.()
Law of commerce is the no.17 of 1999.
2. Sources of business law are three. ()
Sources of business law are two:
(A) Obligatory sources.
(B) Interpretation sources.
 Put () or (), Then write the
justification:
3. The obligatory sources of business law are two sources. ()
Article no.2 of the law of commerce no.17 of 1999 stipulates
that “There are four obligatory sources”
(A) Parties agreement.
(B) Commercial law.
(C) Commercial customs and traditions.
(D) Civil law.
 Put () or (), Then write the
justification:
4- Commercial acts are divided into three types.()
There are three types of commercial acts:
(A) Commercial acts by law or nature.
(B) Commercial acts by accessory.
(C) Mixed commercial acts.
 Put () or (), Then write the
justification:
5- Commercial acts by law are divided into three
types. ()
Commercial acts by law are divided into two types:-
(A) Individual commercial acts.
(B) Commercial acts by profession.
 Put () or (), Then write the
justification:
6- Merchant is the person who performs individual
commercial acts. ()
Merchant: is the person or the company who or which
perform the commercial acts by profession.
 Put () or (), Then write the
justification:
7- Public law is divided into three types. ()
Public law divided into five types:-
(A) Constitutional law .
(B) Administrative law.
(C) Criminal law.
(D) Financial law.
(E) Public international law.
 Put () or (), Then write the
justification:
8- Private law is divided into five types. ()
(A) Civil law.
(B) Business law.
(C) Labor law.
(D) Private international law.
(E) Law of civil and commercial procedure.
 Put () or (), Then write the
justification:
9. Abstract legal rule has one meaning. ()
The first meaning: is that the law applies on all persons
without discrimination between one person and another.
The second meaning: is that the law is not enacted for
the interest of a particular person.
 Scope of Business
Law of Commerce
Article no.(1) of the promulgation articles of
commerce law no.(17) of 1999 stipulates that:
“Commercial law shall be revoked except the
first section of the second chapter which
concerning the persons companies”.
 Scope of Business
Law of Commerce
Article no.(3) of the promulgation articles of
commerce law no.(17) of 1999 stipulates that:
“Law of commerce no.(17) of 1999 shall enter
into force in the 1st of October 1999 excepts
provisions of cheque, that will came into force in
1st of October 2000”.
 Scope of Business
Law of Commerce
 The commercial legislator divided the commercial issues of this
law into five chapters as the following:-
 Chapter (1) “ Trading in Generally” is divided into (6) sections:

1- Commercial acts
2- Merchants.
3- Commercial books.
4- Commercial register.
 Scope of Business
Law of Commerce
Chapter (2) “ Commercial contracts” is divided into
(6) sections:-
1- Commercial sale.
2- Commercial mortgage.
3- Commercial agency.
4- Broking and transportation.
 Scope of Business
Law of Commerce
Chapter (3) “ Banking Operations” is divided into (10)
sections:-
1- Cash deposit.
2- Instruments deposit.
3- letter of guarantee.
4- letter of credit.
 Scope of Business
Law of Commerce
Chapter (4) “ Commercial Securities” is divided into
(4) sections:-
1- Bill of Exchange.
2- Promissory Note.
3- Cheque.
4- Common Provisions.
 Scope of Business
Law of Commerce
Chapter (5) “ Bankruptcy” is divided into (10)
sections:-
1- Declaring of Bankruptcy.
2- People who manage Bankruptcy.
3- Impacts of Bankruptcy.
4- Expiration of Bankruptcy.