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The Philippine Code of Commerce, enacted in 1888, serves as the foundational legal framework governing commercial transactions and business operations in the Philippines. It outlines regulations related to partnerships, corporations, contracts, and various commercial activities, aiming to promote fair trade practices and protect the rights of businesses and consumers. The Code has been amended over the years to adapt to changing economic landscapes and legal needs. It plays a crucial role in guiding the conduct of trade and commerce in the country.

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AnswerBot

1mo ago

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