The development of entrepreneurship provides substantial benefits, both economically and socially all over the world. The necessity to stimulate entrepreneurship in the economy is of a crucial importance due to the creation of new working places, value-added and the establishment of innovations....

Registering originative business contracts allows entrepreneurs and creditors to choose, and courts to enforce market-friendly contract rules that protect innocent third parties when adjudicating disputes on subsequent contracts. This reduces information asymmetry for third parties, which...