Study Of A Limited Partnership Legal System

Modern business subject consists of proprietorship, partnership and corporation. Limited partnership is a special partnership as the kind of partnership. As corporation's problems emerges with its development, the advantages of limited partnership as a form of business organization are daily increasing in developed countries of the U.K and the U.S. Hereupon, the two countries respectively made expert limited partnership act in order to establish its legal status. In continental system countries which is representative with France and German, limited partnership is protected in the commercial code as Secreted Partnership and Company Joint Liability. The society such as the field of venture investment or professional service is paying more attentions to the characteristics and advantages of limited partnership by the 20th and 2lth century. With our market economic development to the polymorphism, the forms of investment have presented multiformity, the original business forms have not satisfied with the needs of investors to the investments forms. After our economic entering into the capital time, its characteristics and mixed liability attract greatness investors and it is becoming the best investment form in the field of venture investment, professional service and entertainment. In accordance with present Chinese laws on business subjects, china has not legislated on limited partnership. Moreover, the tread of our market economic development needs limited partnership as business form. At the same time, the rules of national treatment and non-discrimination being adopted to the foreign businesses need us as soon as possible establish the relatively legislative system on business forms after china joins the world trade organization. Therefore, the research on limited partnership has the realistic significance to our legislatures and economic development The studied questions consist of two parts. The first part is the theories of limited partnership. The studying key points mostly include essential concept nature and legal status.. legal characteristics of limited partnership, and rights and obligations of partners, and establishment .~ management and termination of limited partnership. The second part is to establishment Chinese legal system of limited partnership. It includes the feasibility analysis on setting up the legal system~ legislature frame and use for reference to foreign legislature etc. For the legislature of limited partnership is blank in our country, the research on these questions mostly combines with Chinese practical circumstances and reference the legislature system and specified laws to demonstrate. Firstly, the thesis analyzes the causes of its formation and illustrates the importance of legislature on limited partnership. Secondly, the thesis studies the nature and legal status of limited partnership. partners of limited partnership and comparison with other business forms, then analyzes the value of limited partnership to further illustrate the necessity to set up legal system of limited partnership. Thirdly, the thesis analyzes the feasibility to set up the legal system by introducing the characteristics and social influence of limited partnership act in the U.K and the U.S, and combining with Chinese social circumstances. Lastly, on the basis of integration inclusion and analyzing on limited partnership act in the U.K and the U.S and Chinese legislature actuality, the thesis designs the Chinese legislature mode and frame. The study methods of...