General description
Inputs:
The importance of companies exceeds its capability to unify efforts and collect necessary money to utilize major economic projects. Companies provide these projects with stability and continuity that individuals would be incapable of however they unify and join their efforts. The company enjoys an autonomous presence, eligibility and independent financial estate patrimony that enables partners to attach some of their money to a company they establish so that this money becomes part of the companys estate patrimony, not theirs. The partners right in the company is represented in earning a quota or shares in its capital, which grants him a right in some of its money. The partners right is an independent right that ranges between personal and intellectual right .i.e that is to say the right is an intangible asset.
Outputs:
To recognize the rules of establishing companies and to enable the student to distinguish types of companies.
To be aware of the characteristics of each type and the rights and obligations of the company.
Topics:
o General rules of companies via definition of companies and their elements and components
o Terms to establish a company
o Types of commercial companies
o Companies transfer and mergers
o Companies responsibility of their business and activities
o Dissolution and winding a company up