Articles 2-12

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The commercial law relates to traders and to acts of trade
done by any person, even though not a trader.

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In commercial matters, the commercial law shall apply:
Provided that where no provision is made in such law, the usages of trade or, in the absence of such usages, the civil law shall apply.

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The term "trader" means any person who, by profession,
exercises acts of trade in his own name, and includes any
commercial partnership.

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(a) any purchase of movable effects for the object of reselling or letting them, whether in their natural state or after being worked or manufactured; any sale or lease of movable effects, in their natural state or after being worked or manufactured, when the purchase thereof has been made with the object of re-selling or letting such effects;
(b) any banking transaction;
(c) any transaction relating to bills of exchange;
(d) any time-bargain in securities;
(e) any transaction relating to commercial partnerships or to shares in such partnerships;
(f) any transaction relating to vessels and navigation;
(g) any undertaking relating to supplies, manufacture,
construction, carriage, insurance, deposits, public
entertainment and advertising;
(h) any purchase and any re-sale of immovable property, when made with the object of commercial speculation, and any building enterprise;
(i) any transaction ancillary to or connected with any of
the above acts.

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Obligations arising from collision of vessels, assistance or
salvage in case of wreck, stranding or abandonment, from jettison or average are likewise commercial matters.

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Every act of a trader shall be deemed to be an act of trade,
unless from the act itself it appears that it is extraneous to trade.

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Any person capable of contracting, may trade, unless the
law precludes him from carrying on trade.

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A minor who has attained the age of sixteen years, may
trade and shall be deemed to be a major with regard to obligations contracted by him for purposes of trade, if -
(a) he has previously been authorized to that effect by the parent to whose authority he is subject, by means of a public deed registered in the Civil Court, First Hall; or,
where both parents are dead, interdicted or absent, he
has been authorized by the judge of the Civil Court,
First Hall; and
(b) a summary of the deed of authorization or of the
decree aforementioned has been published by means of a notice in the Exchange, in the Government Gazette
and in another newspaper.

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Minors who are traders authorized as aforesaid can by
reason of their trade charge, hypothecate and even alienate their property, without any of the formalities prescribed by the civil law.

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The provisions of articles 9 and 10 shall apply to minors
not being traders, with respect to acts declared to be acts of trade.

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(1) The authority granted to a minor by the parent vested with parental authority to carry on trade may, at any time, be revoked by the parent exercising such authority by means of a public deed duly served on the minor.
(2) The deed of revocation shall be registered in the Civil
Court, First Hall, and published by means of a notice in the Exchange, in the Government Gazette and in another newspaper.
(3) Such revocation shall in no case injuriously affect the rights acquired by a third party, even in regard to transactions which are still in the course of negotiation.