!!!Handelsrecht

Commercial Law, special private law (lex specialis) for merchants as 
opposed to civil law. Based on the German Commercial Code 
(Handelsgesetzbuch HGB) of 1897 introduced in Austria on January 1, 
1939. The Commercial Code not only regulates questions of the firm 
name, of commercial power of attorney and full power of attorney, 
partnerships (general and limited partnerships), dormant partnerships 
and accounting in accordance with the commercial code, but also 
questions of legal relations between merchants and their contracting 
partners; in general it is immaterial whether the contracting partner 
is also a merchant or not (unilateral commercial transactions, section 
345 of the Commercial Code). Many areas of commercial law are covered 
by special legislation, such as company law (regulating private and 
public limited companies, cooperative societies, etc.), law on 
securities (regulating bills of exchange, cheques, etc.), law on 
transportation, banking and insurance law. Special legislation also 
regulates the activities of commercial agents and brokers.

!Literature
R. Holzhammer, Allgemeines Handelsrecht und 
Wertpapierrecht, %%sup 4/%1993; H. Krejci, Grundriss des 
Handelsrechts, 1994.


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