Business Law Unit 6 - Click to edit Master subtitle style...

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Click to edit Master subtitle style 11/3/10 Business Law Unit 6 Dr. Al Shaikh
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11/3/10 Denotation of “company” § Economic meaning Collective investment as compared to an individual one § Legal Meaning The Contract or The Legal entity resulting thereof.
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11/3/10 Definition of Com. Company: Article 4 of the Law No.8/1984 defines the Commercial Company as: “ a contract by which two or more persons undertake to participate in an economic project , intended to make profits, either by providing a share of funds or effort and to divide the profits or losses arising from the project between them” the term economic project includes all types of economic activities…
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§ The Company as a legal concept could be traced into the Code of Hammurabi (king of Babylon ,1792- 50 BC) .The followed civilizations contributed more or less in developing its legal structure. the Greeks were the first to recognize the legal entity of the company. During the middle ages new forms of
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This note was uploaded on 11/02/2010 for the course BUSSINES 210 taught by Professor Ali during the Spring '09 term at United Arab Emirates University.

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Business Law Unit 6 - Click to edit Master subtitle style...

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