Commercial Code
A commercial code is a set of unitary elements, ordered and systematizing commercial law rules, that is, a legal body that aims to regulate commercial and commercial relations.
What is the “Commercial Code” in Logistics?
This code establishes the legal rules and principles that govern commercial transactions and the relationships between the parties involved in such transactions. In the context of logistics, it may have relevance in aspects such as transport contracts, commercial documents, responsibilities of the parties, among others.
Types of Commercial Codes
They are legal frameworks that regulate commercial transactions and business activities. Although designations may vary, here are some common types:
National Trade: Most countries have their own national commercial code that regulates domestic commercial activities.
International: In some cases, terms such as “international trade code” are used to refer to agreements or regulations that span multiple countries or regions.
Electronic: With the rise of online transactions, some countries have developed specific codes to regulate e-commerce and digital transactions.
Features
In the case of a company like Control Terrestre, which is dedicated to logistics and cargo transportation, the commercial code plays a crucial role in its operation. Here are some functions and how Ground Control could use them:
Regulation of Transport Contracts: Establishes standards for commercial contracts, including transportation contracts. Terrestrial Control must ensure compliance with these regulations when developing transportation contracts with its clients and suppliers.
Protection of Rights and Obligations: Protects the rights and obligations of the parties in a commercial transaction. Ground Control must be aware of these rights and obligations to ensure proper compliance and resolve any disputes fairly.
Commercial Documentation Standards: The issuance of commercial documents, such as invoices and transport orders, is subject to specific rules. Ground Control must ensure that you follow these regulations to ensure the legality and validity of your transactions.