UNIFICATION OF THE PRIVATE LAW. ABSORPTION OF THE COMMERCIAL LAW
UNIFICATION OF THE PRIVATE LAW. ABSORPTION OF THE COMMERCIAL LAW

Summary/Abstract: The entry into force of the current Civil Code and the repeal of the Old Commercial Code has given salience to the controversy between the partisans of the unification of private law and those who have supported the autonomy of commercial law against civil law.Although the Old Commercial Code has been repealed, the rules specific to commercial matter, to professionals in general, have been taken over and extended to all private law relations, and it can be concluded that commercial law has not disappeared; rather it has been naturally absorbed by private law by encoding this matter in the current Civil Code.At the present time, the current Civil Code is the common law for all private law branches, including for Commercial Law naturally absorbed with the repeal of the Old Commercial Code.

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