Types of Ships A ship refers to any seagoing and navigable vessel that operates under its own propulsion system and is used for the transportation of goods, passengers, or both in international trade.
Commission Agency under the Commercial Code As the term suggests, commission refers to a right or fee received in return for performing a task. Commission is also commonly referred to as a service fee or remuneration and, in...
Seizure of Assets of the Judgment Debtor Among matters concerning property and assets, individuals are frequently confronted with issues arising from unpaid debts or damage. In practice, a person may be entitled to receive a sum of money...
Review of the Fiscal Year in a Holding Company The calculation of the fiscal year for companies governed by the Commercial Code is conducted as follows: A fiscal year refers to a twelve-month business period. For natural persons,...
Types of Bonds Today, many individuals are unable to afford essential assets such as vehicles or real estate and therefore require loans. Likewise, businesses need financing to expand their operations or generate profits. The financing required by businesses...
