Summary: Cas 4.2

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  • 1 CAS 4.2 LAW

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  • Primary functions of the law

    Keep the peace
    Shape moral standards
    Promote social justice
    Maintain the status quo
    Facilitate orderly change
    Facilitate planning
    Provide a basis for compromise
    Maximize individual freedom
  • Acquiring ownership (real property)

    Real property is immovable or attached to land or buildings
    Land is most common form of real property
    Surface and subsurface can be sold separately
  • Private/ public legal persons

    Private legal person (business organizations/ corporations and NGO)
    Public legal persons (overheid organization) : verkijgen van rechtspersoonlijkheid door rechtsvordering/ registratie : rechtspersonen worden door de wet behandeld als personen
  • Different legals business structures

    Rights and duties: decisions, debts, contracts, owner (real/personal) property, pay taxes, sueing
    Board: chairman, secretary, director or general manager. These persons can act for and on behalf of the legal person
    Statutes, act of deed, civil law notary and registration at the Netherlands chamber of commerce (KVK)
    Liability: most cases you are nog personally liable for the actions of the legal entity
  • Netherlands, business structures without legal personality

    Personally liable for the debt of the company, with private capital and belongings:
    Sole trader (eenmanszaak) liable for all your actions and finances, income tax, no starting capital
    General or commercial partnership (VOF), share facilities not profits, member are treated as natural persons for tax and liability purposes
    Limited partnership (CV of commanditaire vennootschap): short on capital: sleeping/ silent partner
  • Netherlands, business structures with legal personality

    These are NOT personally liable for the company's debt. Exceptions are made: recklessness or fraud
    Private limited company (BV): alleen of met partners, private liability as direct is limited, equity is divided into shares
    Public limited company (NV): usually larger companies shares held by shareholders are freely transferable, shareholders are not formally known as such in company statutes.
    Cooperative (coöperatie): advantages of bein a collective, members can freely enter of leave, UA of BA
    Association (vereniging): organising social activities, reinvest profit
    Foundation (stichting): support social or no-profit purpose
  • European Economic Area

    EEIG: European Economic Interest Grouping. An EU legal entity designed to enable cross-border cooperation between companies
    SCE (Societas Cooperativa Europaea): A European Cooperative Society
    SE (Societas Europaea): A European (public) limited company
    SPE (Societas Privata Europaea) European private limited company such as Ltd or GmbH
  • International governmental organization IGO

    • Legal personality
    • Formed by treaties, established by governmental agreements
    • Member states or other international organizations
    • Subjects to international law
    • Examples: EU, UN, NATO, WHO
  • International Non-governmental organizations INGO

    • NGOs are gaining importance in international law
    • Independent of governments
    • Influence governments with a specific goal or provide services
    • Non-profit organizations (funding from companies or membership fees)
    • Not formed by treaties, not established by governmental agreements
    • No international legal status, subjects to national law
    • Examples: greenpeace, warchild, amnesty international
  • Public international law

    Rules and norms regulating the relationships between states (countries)
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