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The paper aims to analyse the sole trader (Rom., persoana fizica autorizata or P.F.A.) from the Romanian law perspective, by focusing on the characteristics of this legal institution, the liability for performing economic activities under this form, as well as certain implied practical and fiscal issues. The Romanian legislation has suffered serious amendments in the last period as it is the case of the Romanian Civil Code, which has been amended in year 2011. The legal provisions on the sole trader have been also...

This article aims to explore the possibility of the administration of third party property by another person and not by the owner of the property. The topic is addressed to natural persons and it is governed by rules of civil law, and not commercial law. The legislation lays down the general principles of such administration, the types, the liability and obligations of the administrator (manager). So, the analysis starts with the Romanian Civil Code, which does not define the administration of third party property...