Principles of legislative regulation of commercial behavior

The basic principles of commercial law are some basic legal rules that reflect the basic purpose of a country's commercial law, have universal application significance or judicial guidance significance, and play a leading role in a unified system of commercial law rules. These basic principles are not only the soul of commercial legislation, but also have an important guiding role in commercial trials and are also the basic basis for judicial interpretation. No matter in the commercial law under the mode of separation of civil and commercial, or in the substantive law of a country where civil and commercial are integrated, there are some basic principles that run through the norms of commercial law from beginning to end. These basic principles mainly include the basic principles of regulating merchant factors and the basic principles of regulating merchant behavior factors, and their functions are to ensure the stability and unity of the basic elements of various commercial legal relations, as well as to ensure the fair and rapid completion of commercial transactions and the requirements of efficiency and safety. The basic principles of commercial law are as follows:

(1) Promote and protect legitimate business activities and allow them to make profits.

(2) Comply with business ethics. That is, the transaction is fair, honest and equivalent, and fraud, speculation, driving up market prices and dominating the market are prohibited.

(3) usury or usury in disguised form is prohibited.

(4) All transactions must form a contract, and both parties to the contract must keep the contract and shall not unilaterally tear up the contract.

(5) All debts must be paid off on schedule. Lending must go through the formalities and write down the bonds, witnesses and repayment dates.

(6) It is forbidden to sell immature fruits and turn yellow to green, to sell pork, dead meat and alcoholic beverages, and to sell idols and divination products.

(7) As funds for religious activities, it is forbidden to sell, transfer or buy or sell the righteous land and the righteous property (that is, Wakif).

(8) Commercial income must pay zakat according to regulations.