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Questions and Answers
What does the Code of Commercial Companies (CCC) in Tunisia primarily regulate?
What does the Code of Commercial Companies (CCC) in Tunisia primarily regulate?
- Formation of companies (correct)
- Tax obligations for companies
- Environmental regulations for companies
- Labor laws for companies
According to Article 2 of the CCC, how is a company defined?
According to Article 2 of the CCC, how is a company defined?
- A partnership focused on minimizing losses
- A contract where individuals share assets or labor force to share profits (correct)
- An entity with no legal obligations
- An organization for social welfare activities
What are the economic advantages of organizing commercial activity under the form of a company?
What are the economic advantages of organizing commercial activity under the form of a company?
- Reduced tax benefits
- Increased environmental obligations
- Strict government regulations
- Additional protection against loss (correct)
In what year was the Code of Commercial Companies (CCC) enacted in Tunisia?
In what year was the Code of Commercial Companies (CCC) enacted in Tunisia?
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What is the main purpose of company law in Tunisia?
What is the main purpose of company law in Tunisia?
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