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 isimmovable 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, privateliability 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 bygovernmental agreements - Member states or other international organizations
- Subjects to international law
Examples : EU, UN, NATO, WHO
- Legal personality
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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
- NGOs are gaining importance in international law
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Public international law
Rules and norms regulating the relationships between states (countries)
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