Volume XIII: Business and Private Organizations | Chapter 1 (1976): Partnership and Other Personal Associations for Profit

1. Purpose of this chapter. – The purpose of this chapter is to study the different types of business associations which have certain characteristics in common: (1) the individual person of each member plays a vital role; (2) the shares in the association are not represented by a transferable document (titre négociable); (3) at least one of the members is liable for the obligations of the association over and above his own contribution. Thes…