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Swiss Code Of Obligations
The Swiss Code of Obligations (SR/RS 22, ; ; ; ), the 5th part of the Swiss Civil Code, Swiss civil code, is a Federal act (Switzerland), federal law that regulates contract law and joint-stock company, joint-stock companies ( or S.A. (corporation), SA). It was first adopted in 1911 (effective since 1 January 1912). The code of obligations is a portion of the private law (Official Compilation of Federal Legislation, SR/RS 2) of the Swiss law, internal Swiss law. It is also known by its full name as Federal Act on the Amendment of the Swiss Civil Code (Part Five: The Code of Obligations). Swiss law is often used to regulate international contracts, as it is deemed neutral with respect to the parties. History In Switzerland, private law was originally left to the individual Swiss cantons, which enacted codifications such as the Zurich Law of Obligations of 1855. In 1864, the Bernese jurist Walther Munzinger was assigned a task to draft a unified code of obligations. This early ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walther Munzinger
Walther () is a masculine given name and a surname. It is a German language, German form of Walter (name), Walter, which is derived from the Old High German ''Walthari'', containing the elements ''wald'' -"power", "brightness" or "forest" and ''hari'' -"warrior". The name was first popularized by the famous epic German hero Walter_of_Aquitaine, Walther von Aquitaine and later with the Minnesinger, Minnesänger Walther von der Vogelweide. Given name * Walther Bauersfeld (1879–1959), German engineer who built the first projection planetarium * Walther Bothe (1891–1957), German nuclear physicist and Nobel laureate * Walther von Brauchitsch (1881–1948), German World War II field marshal * Walther Dahl (1916–1985), German World War II flying ace * Walther von Dyck (1856–1934), German mathematician * Walther Flemming (1843–1905), German biologist and a founder of cytogenetics * Walther Funk (1890–1960), economist and Nazi official convicted of war crimes in the Nuremberg T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Breach Of Contract
Breach of contract is a legal cause of action and a type of civil wrong, in which a binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by non-performance or interference with the other party's performance. Breach occurs when a party to a contract fails to fulfill its obligation(s), whether partially or wholly, as described in the contract, or communicates an intent to fail the obligation or otherwise appears not to be able to perform its obligation under the contract. Where there is breach of contract, the resulting damages have to be paid to the aggrieved party by the party breaching the contract. If a contract is rescinded, parties are legally allowed to undo the work unless doing so would directly charge the other party at that exact time. What constitutes a breach of contract There exists two elementary forms of breach of contract. The first is actual failure to perform the contract as and when specified constitutes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Limited Company
A private limited company is any type of business entity in Privately held company, "private" ownership used in many jurisdictions, in contrast to a Public company, publicly listed company, with some differences from country to country. Examples include: the ''limited liability company, LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, ''GmbH'' in Germany and Austria, (BV) in The Netherlands and Belgium, (SARL) in France, (S.r.l.) in Italy, and (SRL) in the Hispanophone, Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. Abbreviations Albania In Albania, a limited liability company () is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreements. Partners' contributions constitute the registered capital of a limited liability company. Each partner has ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Partnership Limited By Shares
A partnership limited by shares is a hybrid between a partnership and a limited liability company. The Capital (economics), capital and ownership of the company is divided between shareholders who have a limited liability and one or more partners who have full liability for the remainder of the company's debts. The partner(s) will usually direct the operations of the company while the shareholders are passive investors. * In Belgium and the Netherlands, this structure is known as '':nl:Commanditaire vennootschap op aandelen, Commanditaire vennootschap op aandelen'' (CommVA/CVA). * In Denmark, this structure is known as '':dk:Partnerselskab, Partnerselskab'' (or ''Kommanditaktieselskab''). * In France and Luxembourg, this structure is known as '':fr:Société en commandite par actions, Société en commandite par actions'' (SCA). * In Germany, this structure is known as '':de:Kommanditgesellschaft auf Aktien, Kommanditgesellschaft auf Aktien'' (KGaA) and is not common. * In Italy, thi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and Republic of Ireland, Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalization, nationalised concer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Partnership
A limited partnership (LP) is a type of partnership with general partners, who have a right to manage the business, and limited partners, who have no right to manage the business but have only limited liability for its debts. Limited partnerships are distinct from limited liability partnerships in which all partners have limited liability. The general partners (GPs) are, in all major respects, in the same legal position as partners in a conventional firm: they have management control, share the right to use partnership property, share the profits of the firm in predefined proportions, and have joint and several liability for the debts of the partnership. As in a general partnership, the GPs have actual authority, as agency law, agents of the firm, to bind the partnership in contracts with third parties that are in the ordinary course of the partnership's business. As with a general partnership, "an act of a general partner which is not apparently for carrying on in the ordinary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sole Proprietorship
A sole proprietorship, also known as a sole tradership, individual entrepreneurship or proprietorship, is a type of enterprise owned and run by only one person and in which there is no legal distinction between the owner and the business entity. A sole trader does not necessarily work alone and may employ other people. The sole trader receives all profits (subject to taxation specific to the business) and has unlimited responsibility for all losses and debts. Every asset of the business is owned by the proprietor, and all debts of the business are that of the proprietor; the business is not a separate legal entity. The arrangement is a "sole" proprietorship in contrast with a partnership, which has at least two owners. Sole proprietors may use a trade name or business name other than their legal name. They may have to trademark their business name legally if it differs from their own legal name, with the process varying depending upon country of residence. Advantages and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Life Annuity
A life annuity is an annuity, or series of payments at fixed intervals, paid while the purchaser (or annuitant) is alive. The majority of life annuities are insurance products sold or issued by life insurance companies. However, substantial case law indicates that annuity products are not necessarily insurance products. Annuities can be purchased to provide an income during retirement, or originate from a ''structured settlement'' of a personal injury lawsuit. Life annuities may be sold in exchange for the immediate payment of a lump sum (single-payment annuity) or a series of regular payments (flexible payment annuity), prior to the onset of the annuity. The payment stream from the issuer to the annuitant has an unknown duration based principally upon the date of death of the annuitant. At this point the contract will terminate and the remainder of the fund accumulated is forfeited unless there are other annuitants or beneficiaries in the contract. Thus a life annuity is a for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Contract Of Carriage
A contract of carriage is a contract between a carrier of cargo or passengers and the consignor, consignee or passenger. Contracts of carriage define the rights, duties and liabilities of parties to the contract, addressing topics such as acts of God and including clauses such as (removing liability for extraordinary occurrences beyond control of the parties). Among common carriers, the terms and conditions of the contract may be printed on the reverse of a ticket or carriage document. For cargo shipments, notification of a shipment’s arrival is usually sent to the "notify party", whose address appears on the shipping document. This party is usually either the buyer or the importer. Carriage by sea The 1950 legal case of ''Heskell v. Continental Express'' (9501 All E.R. 1033) provides a description of CIV (rail travel)">CIV conditions of sale. Air travel In July 2010, it became widely public that Southwest Airlines had classified mechanical difficulties as an act of God ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Negotiorum Gestio
''Negotiorum gestio'' (, Latin for "management of business") is a form of spontaneous voluntary agency in which an intervenor or intermeddler, the ''gestor'', acts on behalf and for the benefit of a principal (''dominus negotii''), but without the latter's prior consent. The gestor is only entitled to reimbursement for expenses and not to remuneration, the underlying principle being that ''negotiorum gestio'' is intended as an act of generosity and friendship and not to allow the gestor to profit from his intermeddling. This form of intervention is classified as a quasi-contract and found in civil-law jurisdictions and in mixed systems (e.g. Louisiana, Scots, South African, and Philippine laws). For example, while you are traveling abroad, a typhoon hits your home town and the roofing of your house is in danger. To avoid the catastrophic situation, your neighbour does something urgently necessary. You are the 'principal' and your neighbour here is the 'gestor', the act of whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Publishing Contract
A publishing contract is a legal contract between a publisher and a writer or author (or more than one), to publish original content by the writer(s) or author(s). This may involve a single written work, or a series of works. In the case of music publishing, the emphasis is not on printed or recorded works. It usually refers to the promotion of a musical composition, or its referral to a suitable recording artist. A music publisher who does produce (or contract to issue) sheet music is known as a music print publisher. It can be used by authors, journalists, and others to promote their works. Book publishing agreements Some of the most essential clauses of a standard (boilerplate) book publishing contract are: Grant of Rights, Subsidiary Rights, Delivery and Acceptance, Publication, Copyright, Advance (if there is any), Royalties, and Out of Print. All of them should be taken seriously by authors since trade publishing contracts are not covered in the United States by statuto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |