development of business provided the impetus for the formation of new rules of doing business, new formations such thing as business practices and the relationship between the partners.Time forced to create new business practices.These rules never were and are not included in the national legislation, but they complement it.
At the beginning of the development of trade relations between people are not always existed regulations of business relations, they just have not been written down on paper.Mankind has not accumulated a lot of experience of economic business.Early trade relations were primitive legal basis, so there was a need to reinforce their oral agreements or other legal acts.
Historically, that business practices originally established themselves between individuals and then, as the business development, have been further developed in relation to legal persons.
business customs and their formation can be traced to the early development of this type of business, such as insurance.For example: two thousand years ago BC participants in the trade caravans that goes on a dangerous path, deciding in advance the question of the likelihood of an attack, theft, natural disasters and know that they are suffering together.The agreement was verbal, but necessarily performed.Such norms of behavior among people to dictate the terms of survival.
Another illustrative example of verbal agreements in the conduct of business practices in the development of maritime trade.
a known historical fact that in England in the tavern owners were going merchant ships, which are intended to go on a long journey to sell a product and make a profit.The purpose of this meeting was to be an agreement with the other merchants, which in the case of unexpected losses, promised to compensate the losses.In addition to signing some papers, among them there were verbal agreements.
used in ancient collections of laws.These acts are several ways to enter into contracts: board, writing or oral agreement.Treaty, in fact, is an ancient legal acts.At the conclusion of oral agreements necessarily have to the presence of such people as witnesses.Later, when the guild of merchants, word to the merchant, was the highest guarantor of reliability.
Under the customs of business recognized the need to resolve a situation in which the required questions can not be solved by the current legislation, as well as by the specific contract signed.
business customs used when the existing legislation can not meet the needs of the business.This is most clearly reflected this relationship and are widely used by the Chamber of Commerce, in its documents detail the trade and port practices.
As noted previously, the most commonly used business custom in the conduct of foreign trade and foreign exchange operations.Legislation states in these basic sectors of the economy countries often do not coincide.How to come to an agreement and get mutual benefit at the conclusion of business deals?How to resolve unforeseen situations in the commercial or financial dealings?
Under the customs of trade historically recognized and widely used in the business rules of conduct.It is not necessary, these relations are governed by the laws of the state.To use these rules is irrelevant the fact whether they are fixed documented.
