英语词汇“unlimited company”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

　

单词	unlimited company
释义	unlimited company Translations Unlimited Company Unlimited Company (in civil law countries), in bourgeois law, a type of commercial company, one of the organizational forms of capitalist enterprises. The members of an unlimited company have unlimited joint and several (solidary) liability for the debts of the company to its creditors. The unlimited company usually operates under a company name and must be registered. Mutual relations among members within the unlimited company are regulated by contract. In the absence of a special agreement each of the participants has the right to manage company affairs and to represent the company. The question of the legal status of the unlimited company is handled differently in the laws of different countries. In France, for example, the unlimited company is a juristic (legal) person, while in the Federal Republic of Germany it is not. unlimited company Related to unlimited company: Private company unlimited company a species of registered company whose members have an unlimited liability for the debts of the company so that the personal fortunes of members are at risk. This is balanced by certain advantages in that such companies do not have to deliver their accounts to the Registrar of Companies and have more freedom to deal with their capital than limited companies. Unlimited Company Unlimited Company A company in which all members or shareholders have total and joint responsibility to cover all debts and other liabilities the company generates, regardless of how much capital each contributes. An unlimited company presents higher risk than a limited company (such as a publicly-traded company or a limited liability company). However, the finances of an unlimited company are able to remain private and, for that reason, it may be a preferable business structure in some circumstances. One may register an unlimited company in the United Kingdom, Germany, Ireland and many Commonwealth countries.
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更新时间：2024/12/23 21:59:00