The Care of a Proper Merchant

Section 347 of the German Commercial Code sets one general standard for the care a merchant owes. Wer aus einem Geschäfte, das auf seiner Seite ein Handelsgeschäft ist, einem anderen zur Sorgfalt verpflichtet ist, hat für die Sorgfalt eines ordentlichen Kaufmanns einzustehen. Whoever owes another person care in a transaction that is commercial on his side must answer for the care of a proper merchant.

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