liable for the company's debts
101Economy of Romania — Currency Leu (Leu or RON) Fiscal year Calendar year Trade organisations European Union, WTO Statistics …
102Lawyers in Poland — In Poland any person holding a Magister s degree in law is called jurist or lawyer (Polish: prawnik). The licensed legal professions are as follows: Courtroom at Polish Constitutional Tribunal judge (Polish: sędzia); public attorney ( …
103Limited Partnership - LP — Two or more partners united to conduct a business jointly, and in which one or more of the partners is liable only to the extent of the amount of money that partner has invested. Limited partners do not receive dividends, but enjoy direct access… …
104Limited partnership — Partnership Part ner*ship, n. 1. The state or condition of being a partner; as, to be in partnership with another; to have partnership in the fortunes of a family or a state. [1913 Webster] 2. A division or sharing among partners; joint… …
105Partnership — Part ner*ship, n. 1. The state or condition of being a partner; as, to be in partnership with another; to have partnership in the fortunes of a family or a state. [1913 Webster] 2. A division or sharing among partners; joint possession or… …
106Partnership in commendam — Partnership Part ner*ship, n. 1. The state or condition of being a partner; as, to be in partnership with another; to have partnership in the fortunes of a family or a state. [1913 Webster] 2. A division or sharing among partners; joint… …
107Silent partnership — Partnership Part ner*ship, n. 1. The state or condition of being a partner; as, to be in partnership with another; to have partnership in the fortunes of a family or a state. [1913 Webster] 2. A division or sharing among partners; joint… …
108Internal Claim — A claim by a creditor that is restricted to the business s assets and not those of its owners. The liability for the claim arises out of the business itself. As long as the business is legally created and treated as an entity separate from its… …
109sole trader — a person who trades by himself/herself without the use of a company structure or partners and bears alone full responsibility for the actions of the business. Glossary of Business Terms The sole promoter has unlimited liability. In other words,… …
110associe en nom — (French law.) A member of a limited liability company who is liable for the debts of the company, his name appearing in the firm name …
