Companies as capital companies and personal companies determination of the term company

Belovski, Vojo (2016) Companies as capital companies and personal companies determination of the term company. Yearbook, Faculty of Law. pp. 9-23. ISSN 1857-7229

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In this modest work the author, as a professor of commercial law and using the opinions of eminent scholars in this field, will try to answer the question: is the existence of capital companies possible, on one hand, and of personal companies, on the other hand, in their pure form? The laws on business associations of capital should start from the idea that they are not laws for retailers, but laws for companies in which the material for traders, including the material for entrepreneurs, will be incorporated. A company is considered to be an agreement with which a single legal entity is created. The term association means achieving free voluntary consent of the partners to create a company based on the agreement about the company, or through the adoption of the Statute concerning: form, duration, company seat, its scope of work, the amount of the capital, as well organization and management of the company. These companies are classified into two separate groups. One is the so-called personal type of companies, the other the capital type. Companies of capital are those whose essence is in the joining of capital. Unlike capital companies, where the work of the company is important to raise funds from various sources, regardless of who the persons that give those funds, the personal Associations companies are based on those that make up the company.

Item Type: Article
Subjects: Social Sciences > Law
Divisions: Faculty of Law
Depositing User: Vojo Belovski
Date Deposited: 31 Jan 2017 12:14
Last Modified: 31 Jan 2017 12:14

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