securities
Venezuelan law defines securities as a document relating to a private law nature and the need to exchange for the literal and autonomous law expressed therein.
value as the title Barboza, E. (1998), "is a permanent link in a legal relationship with a document to be developed with the legal requirements to have the status of title value." Extinction
Titles Securities
Extinction is the instrument by which the document no longer be sufficient and necessary to practice law in the built, as a result of having lost its legitimacy effectiveness. BoE
receivable is the formal and complete that contains the obligation to pay, without consideration for a certain amount of money, maturity and place indicated therein.
The Promissory Note is a debt, it is also known to order it. " It is a written promise to pay for itself an amount of money owed. Can be extended for a particular person to order or bearer.
Legal Nature
is to be commercial, is governed by the Companies Act, even if the person is of civil nature. Features
Securities.
Incorporation: The document contains a right.
Legitimacy: The one who holds the title is the lawful holder thereof.
Literalism: The amount of the title sets the threshold of the law.
autonomy: immunity against former holders legitimate holder.
abstraction: it is independent of the cause which gave it birth.
value as the title Barboza, E. (1998), "is a permanent link in a legal relationship with a document to be developed with the legal requirements to have the status of title value." Extinction
Titles Securities
Extinction is the instrument by which the document no longer be sufficient and necessary to practice law in the built, as a result of having lost its legitimacy effectiveness. BoE
receivable is the formal and complete that contains the obligation to pay, without consideration for a certain amount of money, maturity and place indicated therein.
The Promissory Note is a debt, it is also known to order it. " It is a written promise to pay for itself an amount of money owed. Can be extended for a particular person to order or bearer.
Legal Nature
is to be commercial, is governed by the Companies Act, even if the person is of civil nature. Features
Securities.
Incorporation: The document contains a right.
Legitimacy: The one who holds the title is the lawful holder thereof.
Literalism: The amount of the title sets the threshold of the law.
autonomy: immunity against former holders legitimate holder.
abstraction: it is independent of the cause which gave it birth.
Bankruptcy
is the situation where a trader is placed, not being in a state of backwardness, ceases to pay its trade obligations (Art. 914 Co Co).
Requirements Must be a merchant
That is not in a state of backwardness
cessation of payments (Article 914 Co Co). Classes
l Casualty Bankruptcy: Is that occurs as a result of a fortuitous event or force majeure
l Guilty: This is what is caused by a reckless or dissipation of the merchant. L Fraudulent
: Implementation of fraudulent acts to harm creditors
Requirements Must be a merchant
That is not in a state of backwardness
cessation of payments (Article 914 Co Co). Classes
l Casualty Bankruptcy: Is that occurs as a result of a fortuitous event or force majeure
l Guilty: This is what is caused by a reckless or dissipation of the merchant. L Fraudulent
: Implementation of fraudulent acts to harm creditors
The Delay
is defined as a judicial procedure which aims friendly and orderly liquidation of the assets of a merchant, in order to pay all the debts or least the 2 / 3 parts of them, within a period not to exceed 12 months.
Conditions to be met to declare a state of backwardness
should be:
l l A trader must be a positive asset to liabilities greater
l There is a postponement in payments (898 Co Co.)
Legal Nature:
is a grace that sets the law in favor of the merchant.
How to use this benefit
As a trader's own request to the competent judge.
As an exception or defense in the trial of Bankruptcy.
Cooperatives A cooperative is a gathering of people on a voluntary basis with some common needs, and decide to join to meet them organized in a non-profit company profit. The company revolves around the production, acquisition, use or provision of a free and democratic.
The overall objective of cooperatives is the provision of services.
Cooperative Principles
open and voluntary association. Management
democratic partners. Shares
egalitarian economic partners.
Autonomy and independence.
Securities Mutual Aid.
Responsibility.
Democracy.
Equality. Equity
Solidarity Cooperatives
Types of goods and services
of consumption of goods and services
credit unions
Mixed.
Cooperatives are regulated by activities called National Superintendence of Cooperatives under the Ministry for the local economy.
Conditions to be met to declare a state of backwardness
should be:
l l A trader must be a positive asset to liabilities greater
l There is a postponement in payments (898 Co Co.)
Legal Nature:
is a grace that sets the law in favor of the merchant.
How to use this benefit
As a trader's own request to the competent judge.
As an exception or defense in the trial of Bankruptcy.
Cooperatives A cooperative is a gathering of people on a voluntary basis with some common needs, and decide to join to meet them organized in a non-profit company profit. The company revolves around the production, acquisition, use or provision of a free and democratic.
The overall objective of cooperatives is the provision of services.
Cooperative Principles
open and voluntary association. Management
democratic partners. Shares
egalitarian economic partners.
Autonomy and independence.
Securities Mutual Aid.
Responsibility.
Democracy.
Equality. Equity
Solidarity Cooperatives
Types of goods and services
of consumption of goods and services
credit unions
Mixed.
Cooperatives are regulated by activities called National Superintendence of Cooperatives under the Ministry for the local economy.
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