Partnerships are associations of natural persons for the purpose of conducting business together. Learn more about the different forms & liability here!
Legal Lexicon
Partnerships are associations of natural persons for the purpose of conducting business together. Learn more about the different forms & liability here!
Organizational Deficiency, Liability for –
Organizational Deficiency: Liability due to inadequate corporate structure. Learn how lack of organization increases costs and risks – discover more now!
An operating company is an organizational unit that fulfills economic tasks. Discover fascinating details about its structure and purpose!
A joint venture is a cooperation between two companies for the implementation of a joint project. Want to learn more? Discover the advantages & risks!
Management of Third-Party Affairs
Management of third-party affairs means acting legally and economically on behalf of others. Curious? Discover the details in the lexicon!
Holding companies manage shareholdings and control subsidiaries. Learn more about their role and significance – discover the article now!
A sole shareholder owns 100% of a company. Discover what rights and obligations are associated with this – find out more in the glossary now!
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 describes the violation of confidence in relationships or legal institutions. Learn more about causes, consequences, and legal aspects – read now!
Type of (Transactional) Power of Attorney
The type of power of attorney regulates which actions an authorized representative may perform on behalf of the principal. Discover how it clearly defines rights!
Operating describes the control and management of systems or processes. Curious? Learn more about the diverse applications and techniques!
A manager plans, organizes, and controls companies. Learn more about responsibilities and skills – discover the full article now!
Management is the planning, leadership, and control of resources to achieve objectives. Discover how effective management creates success!
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, Public Law
Public-law agency without authority governs unsolicited governmental actions taken in the interest of third parties. Discover more in the article!
Agency without authority: Managing another person’s affairs without a mandate. Fascinating how rights and obligations apply here – read more in the article now!
An executive is a leader who strategically manages a company. Learn more about the responsibilities and roles of this key position!
Power of substitution determines who is authorized to act legally on behalf of a person. Curious? Learn more in the detailed lexicon article!
Revocation of Management Authority
The revocation of management authority governs when a managing director’s control is withdrawn. Read more in the lexicon!
A Director leads projects or companies, usually in film or management. Curious? Discover more about responsibilities and roles in the lexicon!