Which of the following statements is correct regarding the classification of companies? a) The current partnerships in commendam, whose origin da...
Which of the following statements is correct regarding the classification of companies?
a) The current partnerships in commendam, whose origin dates back to the Middle Ages, can be formed by individuals or legal entities, with all partners being jointly and severally liable for the company's obligations.
b) Regardless of its object, a joint-stock company is considered a business, and a cooperative is considered a simple company.
c) The company begins its legal existence with the registration of its articles of association in the respective registry, preceded, when necessary, by authorization or approval of the Executive Branch, with all changes to the articles of association being recorded in the registry. Thus, for the legal existence of a business company, its registration with the Board of Trade is necessary.
d) All of the above statements are correct.
a) The current partnerships in commendam, whose origin dates back to the Middle Ages, can be formed by individuals or legal entities, with all partners being jointly and severally liable for the company's obligations.
b) Regardless of its object, a joint-stock company is considered a business, and a cooperative is considered a simple company.
c) The company begins its legal existence with the registration of its articles of association in the respective registry, preceded, when necessary, by authorization or approval of the Executive Branch, with all changes to the articles of association being recorded in the registry. Thus, for the legal existence of a business company, its registration with the Board of Trade is necessary.
d) All of the above statements are correct.
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The correct statement regarding the classification of companies is option c) The company begins its legal existence with the registration of its articles of association in the respective registry, preceded, when necessary, by authorization or approval of the Executive Branch, with all changes to the articles of association being recorded in the registry. Thus, for the legal existence of a business company, its registration with the Board of Trade is necessary.
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