MRL 2601
University Of South Alabama
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MRL2601 - Entrepreneurial Law - Notes.
- Other • 71 pages • 2022
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Principle – Company is a separate legal entity
Forms of enterprises –
1. Sole proprietorship – capital on one person invested
2. partnership – 2 or more pool capital and abilities
3. CC – legal personality
4. Company – Legal personality
5. business trust
The registration of a company or CC allows the body with separate legal personality with its own
rights and liabilities
The risk extends only to the loss of amount they contributed as capital
CC and company enjoys the benef...
Other
MRL2601 - Entrepreneurial Law - Notes.
Last document update:
ago
Principle – Company is a separate legal entity Forms of enterprises – 1. Sole proprietorship – capital on one person invested 2. partnership – 2 or more pool capital and abilities 3. CC – legal personality 4. Company – Legal personality 5. business trust The registration of a company or CC allows the body with separate legal personality with its own rights and liabilities The risk extends only to the loss of amount they contributed as capital CC and company enjoys the benef...
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