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Title: | Requisites for becoming a trader |
Authors: | Bonello, Mario R. |
Keywords: | Contracts -- Malta Civil law -- Malta Commercial policy -- Malta |
Issue Date: | 1973 |
Publisher: | Għaqda Studenti tal-Liġi |
Citation: | Bonello, M. R. (1973). Requisites for becoming a trader. Id-Dritt, 3, 4-6. |
Abstract: | More often than not, traders devote their time and risk their money with the intention of deriving a profit therefrom; this is what is called 'inuomissio speculativa'. 'La figura del commerdante risulta pertanto da questi due elemenci: la interposizione nello scambio (di merci, denaro, servigi) e la speculazione, collegati fra essi dal rapporto di causa ad effetto: la interposizione e determinata dallo scopo del guadagno e ii guadagno e l'effetto della interposizione' (Bolaffio). Again, E commerciante quel fotografo il quale eserdsce uno stabilimento fotografico e, quindi, specula sia sull'altrui attivira, sia colla rivendita dellc materie prime. Ma non puo qualificarsi tale il fotografo che, esercicando la sua arte, non tiene alcuno stabilimento, ma loca meramente la sua opera.' (Emm. Darmanin no. vs. C. Giglio; Vol. XXVII, Pt. I, P. 958). Section 4 of the Commercial Code defines a trader as 'any person who, by profession, exercises acts of trade in his own name, and includes any commercial partnership'. It is of the utmost importance to distinguish between a trader and a non-trader, for a trader has certain rights and duties at law, which are not applicable to a non-trader. Yet a trader does not acquire a juridical status, but a social one. |
URI: | https://www.um.edu.mt/library/oar/handle/123456789/62289 |
Appears in Collections: | Id-Dritt : Volume 03 : December 1973 Id-Dritt : Volume 03 : December 1973 |
Files in This Item:
File | Description | Size | Format | |
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Requisites_for_becoming_a_trader.pdf | 1.38 MB | Adobe PDF | View/Open |
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