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Partnership and corporations Free Essay, Term Paper and Book Report

Partnership and corporations 1- Definition: A company is a contract between 2 or more persons who pour their efforts together with the view of sharing profits (physical, financial). Source of companies and contract: Lebanese companies are regulated by commercial code enacted in 1992 and with the code of obligations and contracts COC. The commercial code was inspired by the French legal system .this inspiration (influence) was more obvious on the amendments and roles of law that had followed the commercial law. 2 Types of commercial companies: 1- The unlimited partnership 2- The limited partnership 3- The co-partnering 4- The Joint stock company 5- The limited liability company 6- The Limited partnership by shares 7- The Holding company 8- The off-shore company 9- The foreign company. 3- The difference between civil companies and commercial companies: 1- Civil company are regulated by the COC while as commercial companies are regulated by the commercial code and in some situations by the COC 2- The object of the civil companies is civil where as the object......

Word Count: 3619
Page Count: 14.4  (250 words a page / double spaced)

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