Business Law Unit 8 - Click to edit Master subtitle style...

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Click to edit Master subtitle style 11/3/10 Business Law Unit 8 Dr. Al Shaikh
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11/3/10 A glance at the Com. Companies: The definitions of the Com. Companies ,as mentioned at the Law No.8/1984, provide a synopsis on the main features of each company: along with the information furnished in the Text Book(TB) is a helpful introduction for addressing, later on, the legal rules relating to each form. We shall follow the order in the previously mentioned classification . (plz read for A.Qs & discussions ps.
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11/3/10 1)The personal Com. Companies: § Defined by Art.23, as: “the company formed by two or more partners who will be jointly liable to the extent of all their assets for the company liabilities” (TB, p:19-25)
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11/3/10 1)… b- Simple Limited Partnership § D efined by Art . 47 , as: ” the company formed by one or more general partners liable for the company liabilities to the extent of all their assets, and one or more ..liable ..to the extent of their respective shares in the capital only.” (TB,p:26-29)
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11/3/10 1)…
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