B) Contractual Obligations. Primary rules
Sayfa 195As it was mentioned above traditional approach presumes consensual agency. So from…
In the Netherlands the division is made between legal and consensual representation.…
Thus a contract may be made by the company itself, i.e. by its organs (or as it is called in common law instead of “organs” - by shareholders in the general meeting and the board of directors). The division of powers is defined in the articles of association or by national company law. Primary
-managing directors of joint stock companies (“public” companies): …directeur, bestuurder…
-managing directors of limited companies (“private” companies): …directeur, bestuurder…
But the law may also specify that an individual managing director or he or she in…
A contract made by the company itself (through one of its organs) will obviously…
The principles of primary attribution rules apply to impute the decisions of the…
Again whereas a board of directors as an “organ” has actual authority, their authority…
The board of directors, as whole, is generally delegated all powers of management…
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