Business Law Deneme Sınavı Sorusu #969725
Which of the following is true about the statutory requirements of companies?
Only commercial companies have a personality separate from the personality of |
Commondite companies are established for profit making purposes |
Some companies should have and operate under a trade name to be registered with the commercial registry |
To invest a capital in the company is not a duty for the shareholders |
Only commercial companies should get the foundation and the required info with the Commercial Registry. |
There are some common statutory requirements to be complied with by all the companies at the stage of establishment. These can be listed as follows:
• Legal personality: All companies regardless of the number of its partners or the nature of liability of the shareholders have a legal personality separate from the personality of the founder partners.
• Profit making purpose: Commercial companies are established for profit making purposes which is a distinctive feature of commercial companies compared to associations and foundations.
• To operate with a trade name: All companies should have and operate under a trade name to be registered with the commercial registry.
• Registration with the Commercial Registry: All companies should get the
foundation and the required info with the Commercial Registry.
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