Application of the objective theory of value in civil law and its consequences in the lives of Peruvian people

Abstract

This paper deals with the problem of considering the objective theory of value as one of the foundations of civil law and discusses its consequences in the lives of Peruvian people. In other words, what is the result of applying this theory to the articles of the Peruvian Civil Code? According to this, we ask ourselves if it is efficient and should remain in force or, conversely, if it should be repealed in order to apply concepts contrary to the classical theory of civil law with the only purpose of having a suitable commercial traffic in the context of the economic growth that our country lives and requires.