Chapter 3 Flashcards
The individual entrepreneur
The legal definition of entrepreneur is laid down:
C –> in what has to be interpreted from the content of the Art. 1 C. Com.
The consequences derived from being an entrepreneur are:
A –> The acquisition of the “legal status” of entrepreneur, which implies certain obligations.
The individual entrepreneur
A –> Is considered to be businesspersons who, having the legal capacity to engage in business, does so on a regular basis.
Which requirement of the concept of entrepreneur is not mentioned by law but has been shaped by case law?
A –> To act on his/ her own behalf.
Minors or/ and emancipated minors
C –> Can be an entrepreneur, despite the fact that they cannot “act” as an entrepreneur.
The doctrine of “lifting the corporate veil” is shaped by court decisions and means:
D –> All of the above.
Consumer Law states that the service provider shall be liable for damage caused by defects in a product, even though he is not the one that has manufactured or imported the product, when:
B –> The manufacturers or importers into the EU of finished products, any components that are built into a finished product, or raw materials that could be eventually liable, cannot be identified.
The law provides the causes of release from liability of producers and, accordingly, the legal prescription that they shall not be liable if it can be proved:
D –> All of the above
In commercial dealings by married persons:
D –> All of the above.
Contracts entered into by the “Notorious factor”:
D –> All of the above.