Commercial eligibility in creating commercial papers in the lraqi trade law NO30 of 1930

Abstract

Commercial transactions are characterized by speed in their conclusion, completion and implementation, and trade should be based on mutual trust between its parties, based on credit and trust between traders, and the person engages in the original business by nature for example Professionalism or habit, and to have the legal capacity necessary to professionalize business, and it is not enough to professionalize business alone to consider the person as a trader, but it is necessary to deal with these works in his name and on his own account.
Business esplant ingestors must have the necessary the operator of the business must have commercial legal capacity, i.e.  an adult (18) full years, and not be a full-year adult, and should not be He has been infected by a symptom of eligibility, such as insanity, dementia and dementia, and is not legally prohibited from doing business, except in the case of a minor who is 18 years old who is authorized to manage his money, he may acquire the status of a trader.
In Title III of the Commercial Law, the legislator dealt with commercial papers in articles ( 39-185) in order to keep up with modern developments, and the laws have always singled out special provisions for commercial eligibility in the validity of the establishment of commercial papers, and conditions purely committed eligibility, and the implications of incapacity. Legal guarantees were granted for commercial papers, particularly in the future of maturity, and in taking commercial action in dispute resolution