Legal Lexicon

Geschäftsführung

Partnership

Partnerships are associations of natural persons for the purpose of conducting business together. Learn more about the different forms & liability here!

Operating Company

An operating company is an organizational unit that fulfills economic tasks. Discover fascinating details about its structure and purpose!

Joint Venture

A joint venture is a cooperation between two companies for the implementation of a joint project. Want to learn more? Discover the advantages & risks!

Holding Companies

Holding companies manage shareholdings and control subsidiaries. Learn more about their role and significance – discover the article now!

Sole Shareholder

A sole shareholder owns 100% of a company. Discover what rights and obligations are associated with this – find out more in the glossary now!

Advisory Board

An advisory board provides strategic counsel to companies or organizations. Curious? Read the article to discover how advisory boards influence decision-making!

Breach of Trust

Breach of trust describes the violation of confidence in relationships or legal institutions. Learn more about causes, consequences, and legal aspects – read now!

Operating

Operating describes the control and management of systems or processes. Curious? Learn more about the diverse applications and techniques!

Manager

A manager plans, organizes, and controls companies. Learn more about responsibilities and skills – discover the full article now!

Management

Management is the planning, leadership, and control of resources to achieve objectives. Discover how effective management creates success!

GmbH & Co

The GmbH & Co. is a combination of a GmbH and a limited partnership designed to limit liability. Learn more in the detailed article!

Agency Without Authority

Agency without authority: Managing another person’s affairs without a mandate. Fascinating how rights and obligations apply here – read more in the article now!

Executive

An executive is a leader who strategically manages a company. Learn more about the responsibilities and roles of this key position!

Power of Substitution

Power of substitution determines who is authorized to act legally on behalf of a person. Curious? Learn more in the detailed lexicon article!

Director

A Director leads projects or companies, usually in film or management. Curious? Discover more about responsibilities and roles in the lexicon!