The notion and the traits of the company with limited liability Cover Image

Noţiunea şi trăsăturile societăţii cu răspundere limitată
The notion and the traits of the company with limited liability

Author(s): Laurenţiu Novac-Diaconu
Subject(s): Business Economy / Management, Civil Law, Law on Economics
Published by: Editura Universităţii George Bacovia din Bacău România
Keywords: company; liability; limited liability; commercial

Summary/Abstract: In this article I’m referring to the notion and the traits of the company with limited liability. In the frame of the market economy, an important part is played by the trading companies. The trading companies represent the main pillar of the process of elimination of the planning at command economy. The limited responsibility company is the most popular and widely spread form of company that we encounter today in Romania. This is due to its advantages regarding the limited responsibility of the associates.

  • Issue Year: IV/2015
  • Issue No: 2
  • Page Range: 581-592
  • Page Count: 12
  • Language: English, Romanian