Commercial Law vs Associations and Foundations Law
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Commercial Law vs Associations and Foundations Law

Test your knowledge of commercial law and associations law by comparing key sections from both legal domains.

Created by
@UnboundForesight

Questions and Answers

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

profit

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.

profit

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.

profit

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

<p>individuals</p> Signup and view all the answers

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

<p>law</p> Signup and view all the answers

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

<p>profit</p> Signup and view all the answers

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

<p>individuals</p> Signup and view all the answers

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.

<p>profit</p> Signup and view all the answers

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

<p>Register</p> Signup and view all the answers

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

<p>law</p> Signup and view all the answers

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