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This work is in the public domain in the Philippines and possibly other jurisdictions because it is a work created by an officer or employee of the Government of the Philippines or any of its subdivisions and instrumentalities, including government-owned and/or controlled corporations, as part of their regularly prescribed official duties ...
De facto corporation and corporation by estoppel are both terms that are used by courts in most common law jurisdictions to describe circumstances in which a business organization that has failed to become a de jure corporation (a corporation by law) will nonetheless be treated as a corporation, thereby shielding shareholders from liability. [1]
stG (stille Gesellschaft): ≈ partnership by estoppel (i.e., no partnership agreement) GesbR (Gesellschaft des bürgerlichen Rechts): ≈ partnership by contract (i.e., formed by partnership agreement); statutes and regulations concerning Austrian companies, especially with regards to the companies register (Firmenbuch), do not apply.
English: Republic Act No. 11494 (Bayanihan to Recover as One Act) PDF file on the Official Gazette of the Republic of the Philippines website, signed by President Rodrigo Duterte on September 11, 2020
Articles of partnership is a voluntary contract between/among two or more persons to place their capital, labor, and skills into a business, with the understanding that there will be a sharing of the profits and losses between/among partners. Outside of North America, it is normally referred to simply as a partnership agreement. [1]
In Bangladesh, the relevant law for regulating partnership is the Partnership Act 1932. [2] A partnership is defined as the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. [3] The law does not require written partnership agreement between the partners to form a ...
For example, English law conferred entity status on corporations long before shareholders were afforded limited liability. Similarly, the United States' Revised Uniform Partnership Act confers entity status on partnerships, but also provides that partners are individually liable for all partnership obligations. Therefore, this shareholder ...
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