Companies in the Nicaraguan legal order: legal regime and current reconsideration

Abstract

One of the issues to the confluence of the most varied conceptions is terminological which deals with business entities in the public domain operating under different legal forms and economically involved in the market, participating directly in the field of economic management. Our legal reality makes small references in Law 550, "Law of Financial Administration and Budgetary Regime" (2005), Law 737, "Law of Administrative Contracting of the Public Sector" (2010), Law 838," General Law of Ports of Nicaragua "(2013), among others, the existence of public enterprises. However it is necessary to conduct a review to the existing law on the basis of the elements that configure the existence and operation of public enterprises, from concept to the elements supporting the ever-living business phenomenon. To support this claim, the above topics are studied on the basis of an argumentative and systematic documentary research in laws, regulations documentary sources, and subsidiaries and jurisprudence homeland and compared to finally make clear proposals for solving the conflicts posed by the rules and doctrinal opinions in themselves considering their relevance in the study of legal science and its current rethinking.