Bogotá D.C., March 2023. The Bogotá Chamber of Commerce (CCB) launched the third edition of the Commercial Customs Research Contest, which seeks that teams, made up of students and a teacher, identify and postulate commercial practices that are not in investigation stage or that have not been certified by the CCB as commercial custom.

Teams made up of three (3) students led by a professor from the same university can participate in the contest, who will represent the institution of which they are part. Universities can participate with several teams as long as there are no repeat students in the groups.

The research work must take into account the requirements established by law for the practice to be certified as commercial custom and include a field study of at least five (5) companies where the application of the practice is verified.

Commercial customs are practices carried out by people in an economic sector, in a uniform, repeated and public way, which can be certified and can be required in business. For example: that in contracts for the sale of real estate, the seller assumes the obligation to deliver the property to the buyer in good standing for property tax, residential public services and administration fees and in contracts for the sale of used service vehicles In particular, it is commercial custom that the seller delivers the following accessories to the buyer: spare tire and floor mats.

With the participation in the Third Research Contest on Commercial Customs, students will be able to approach in a practical way the legal knowledge of the sources of Commercial Law, as did the 12 students who participated in the first version and the 32 students who competed in the second. version of the contest, with the possibility, by the finalists, of presenting their practice to be certified as a commercial custom by the Chamber of Commerce of Bogotá.

Contest Schedule:

• Teams will be able to register until March 31, 2023.

• Students must send the investigative essay to the email: correspondence@ccb.org.co no later than April 17, 2023 at 11:59 p.m. m. with the subject: Third Contest of Investigation of Mercantile Customs - Anonymous.

• The review of works and selection of finalists will take place until April 28, 2023 by experts on the subject, who will select the three finalists.

• The finalist teams must support their research work on May 9, 2023, orally before the jury, who will select the winning teams.

Awards

• First place: the members of the winning team (students and teachers) will attend as special guests the National and International Arbitration Congress, for the year 2023. The prize includes tickets (round trip), stay for the duration of the Congress and the value of the inscription. Does not include food or transportation.

• Second place: the members of the team that ranks second (students and teacher) will have the right to choose one (1) diploma or one (1) seminar from the catalog offered for the second semester of 2023 by the Training Management of the CCB.

• Third place: the members of the team that ranks third (students and teacher) will have the right to choose one (1) seminar from the catalog offered for the second semester of 2023 by the CCB Training Management.