- Top 15 Examples of Trade Acts
- 1- Home purchase
- 2- Vehicle purchase
- 3- Vehicle purchase
- 4- Purchase of shares
- 5- Sale of shares
- 6- Renting a property
- 7- Rental of suits
- 8- Basic banking operations
- 9- Purchase and sale of items
- 10- Maintenance services
- 11- Buy electronic devices
- 12- Sale of land
- 13- Rental of commercial premises
- 14- State debt bonds
- 15- Tourist transport companies
- References
The examples of acts of commerce are constantly seen in the economic, social and legal reality in which human beings live. They represent the commercial transaction carried out between two private entities.
This transaction is for the purpose of buying, renting or acquiring the rights to any product or good. In the transaction, that good or product is exchanged to achieve an economic benefit.
In each country, the legislation regulates the celebration of commercial acts. Said legislation indicates the procedure that must be followed in order to celebrate the act, guaranteeing the mutual benefit of the parties participating in the negotiation.
Top 15 Examples of Trade Acts
1- Home purchase
It refers to all housing that is negotiated between two parties. In this act, the owner (who sells) obtains benefits from the property, the product of speculation.
2- Vehicle purchase
Purchase a new vehicle through a dealer. In this case, the intermediary is the one who receives a profit.
3- Vehicle purchase
Sale of used vehicle. It can occur in countries where vehicles do not depreciate when used; therefore, whoever sells the vehicle makes a speculative profit.
4- Purchase of shares
It refers to the acquisition of the portion of a company as an investment, to receive dividends from the profits obtained by said company on the rise.
5- Sale of shares
This sale refers to whoever sells a rising share after having acquired it at a lower price.
6- Renting a property
It is about any property that decides to rent to receive a financial sum for a specified time.
7- Rental of suits
The stores that are dedicated to renting suits and party dresses, obtaining economic income for this purpose.
8- Basic banking operations
It refers to the opening of accounts, time deposits, among other activities that can generate monetary compensation as a return on investment.
9- Purchase and sale of items
It includes the acquisition of appliances, brown lines, furniture or waxes for the home or office, whether they are new or used.
10- Maintenance services
It is linked with technicians who offer their services for the repair and maintenance of office or home equipment.
For example, maintenance of air conditioners, refrigerators, photocopiers, among others.
11- Buy electronic devices
The acquisition of televisions, cell phones, among others, which are later sold at a cost higher than the acquisition cost.
12- Sale of land
The sale of land for a cost higher than the acquisition cost
13- Rental of commercial premises
It is about the collection of the rent of a commercial premises where a business or office is established.
14- State debt bonds
It is the acquisition of bonds issued by the government of any country, in which the profits and the reliability of the country guarantee the future profitability of the investment made.
15- Tourist transport companies
It refers to any private company that is dedicated to the transport of passengers, cargo or vehicles, either for tourism or commercial purposes.
For example, a cruise ship, ferry service, tourist transport companies, among others that provide a service whose payment goes into the funds of a private party and does not receive a subsidy from the State.
References
- Guirao, MM (1993). Centennial of the Commercial Code, Volume 3. Spain: Ministry of Justice.
- Marta de la Fuente, AE (1999). Models of international contracts. FC Editorial.
- Pimentel, AE (2002). Administrative and Commercial Practices. Mexico DF: Editorial Limusa.
- Senn, HS (1965). Uniformity of American conventional private international law. Chile: Editorial Jurídica de Chile.
- Unofficial. (2000). Compilation of selected acts within the jurisdiction of the Committee on Energy and Commerce. Consumer protection law: including Federal Trade Commission act, Federal Trade Commission Improvements Act of… USA: DIANE Publishing.