Commercial Law vs Associations and Foundations Law

Commercial activity is performed by merchants in their name for the purposes of gaining a ______.

An association is a voluntary union of persons founded to achieve the goal specified in the articles of association, which shall not have a ______-making nature.

A foundation, also a fund, is an aggregate of property that has been set aside for the achievement of a goal specified by the founder, which shall not have a ______-making nature.

Legal personality means an ability to act independently from private ______.

Shareholders/members are free from companies liability unless otherwise prescribed by ______.

Commercial activity is an open economic activity, which is performed by merchants in their name for the purposes of gaining a ______.

Legal personality means an ability to act independently from private ______.

An association is a voluntary union of persons founded to achieve the goal specified in the articles of association, which shall not have a ______-making nature.

A merchant is a natural person (individual merchant) or a commercial company (partnership and capital company) registered with the Commercial ______.

Shareholders/members are free from companies liability unless otherwise prescribed by ______.