Legal Status Of Participants In Business Associations As Subjects Of Civil Liability

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Authors

  • Yu.V. Sokolovska

Keywords:

founder, participant, entrepreneurial society, joint liability, subsidiary responsibility.

Abstract

The article defines the difference in the legal status of the founder and participant of an entrepreneurial society. Characterized by the specificity of the joint responsibility of the founders for obligations entered into in the interests of the company. The types of responsibility of participants of business associations are revealed. It is noted that the organizational and legal form of the society determines the conditions, amount and procedure of civil liability of the participants for the obligations of the business community.

Published

2020-01-20