PATRIMONY BY APPROPRIATION – AN INSTRUMENT IN BUSINESS OPERATION
Luminița Tuleașcă
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Luminița Tuleașcă: Romanian American University
Authors registered in the RePEc Author Service: Luminita Tuleaşcă
Romanian Economic Business Review, 2014, vol. 9, issue 4, 94-114
Abstract:
The patrimony by appropriation represents an instrument in business operation, even the business itself, therefore it is required to regulate it in accordance with the requirements of modern economy. This paper analyzes and proposes some solutions for the problems of the patrimony by appropriation as instrument by the dint of which a business is operated, as a modern patrimony management technique and as an instrument for limiting commercial entrepreneurs’ liability. We consider the full autonomy of the patrimony by appropriation of the traders and their liability limitation for their professional obligations, the companies’ possibility of setting up patrimonies by appropriation, and last, but not least, the problem of alienating the “business”, i.e. the alienation inter vivos of the patrimony by appropriation, as legal universality
Keywords: Patrimony by appropriation; limitation of the liability for the professional obligations; securities; entrepreneur; patrimony divisibility; alienation of the patrimony by appropriation (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:rau:journl:v:9:y:2014:i:4:p:94-114
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