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What is Understanding Commercial Acts in Venezuela about?
The document presents an introduction to the concept of a commercial act and its classification. It then defines the commercial act as any action that a person undertakes to achieve the purchase or sale of a good or service in exchange for money. Subsequently, it classifies commercial acts into objective and subjective. The objective acts are those established by the legal framework and are subdivided into absolute and relative. The subjective acts are based on the presumption of the merchant status of the
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- EN