Question

Corporeal element

Goodwill

Business Concern

Capital

Corporation

The most important incorporeal element of the business concern

Is established for the purpose of carrying out private commercial activities

Is an association of funds.

Goods of a business concern are classified among the _______.

_______is the total amount of assets that can be garnished except contribution in services.

The most important incorporeal element of the business concern

Is established for the purpose of carrying out private commercial activities

Is an association of funds.

Goods of a business concern are classified among the _______.

_______is the total amount of assets that can be garnished except contribution in services.

Matching / 1 *

Unlawful reason for cancellation of Commercial Representation

Lawful reason for cancellation of Commercial Representation

Exclusivity clause

Deed of sale

Compensation entitled to the representative

Shall cover damage sustained and profit lost

Gives the commercial representative the right to be the sole distributor of a product

Reduction in the productivity of commercial representative for reasons beyond his control resulting from the economic conditions in the country

Breach of the commercial representative for the provisions of the contract

It is a document that states that one party is transferring his or her business concern property to another

Shall cover damage sustained and profit lost

Gives the commercial representative the right to be the sole distributor of a product

Reduction in the productivity of commercial representative for reasons beyond his control resulting from the economic conditions in the country

Breach of the commercial representative for the provisions of the contract

It is a document that states that one party is transferring his or her business concern property to another

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Answer 1

The experts are allowed to answer 4 questions at a time, please do not downvote. :)

1. The most important incorporeal element of the business concern

Goodwill: The most incorporeal or intangible element for the business concern is its goodwill or the market value of the company in the market.

2. Is established for the purpose of carrying out private commercial activities

Corporation: Corporation is established for the purpose to achieve and carry out private commercial activities to achieve profits.

3. Is an association of funds.

Business Concern: Business concern could be defined as the organisation or the association of funds coming together to achieve an objective.

4. Goods of a business concern are classified among the _______.

Corporeal element: Goods are the tangible elements and thus they are the corporeal element of the business organsiation.

5. _______is the total amount of assets that can be garnished except contribution in services.

Capital: Capital could be defined as the total amount of assets a company is holding which is being garnishes except the contribution in the services.