Reception of the roman law in modern business activity

Abstract

The issue of reception of Roman right in modern business relations is considered in this article. In result of research is summarized that legal definition of business activity includes the experience of establishing and development of economic activity of civil turnover subjects via its legal confirmation. Authors had conducted the analysis of business activity's legal definition, its major and additional signs are detected. Namely by virtue of jus privatum and development of private property institute, acknowledgment of legal equality of private legal relations subjects, the economic relations, similar to those that today are falling into concept of business activity, started to develop in Ancient Rome. Analysis of listed major features (signs) of entrepreneur in aggregation with definition of business activity confirmed now in Russian civil legislation allows to conclude that stated features, justly noted by by researchers in sphere of economic, found their confirmation and reflection in modern legal definition of business activity. It appears that necessary signs characteristic for modern business activity are possible to be detected in economic activity of Roman citizens too.