The German commercial code

About this book

Translated from Germany’s 1897 Handelsgesetzbuch, the volume sets out commercial law for traders, companies, and legal officials. Where a business trades under a name without limiting its partners’ liability, the code classifies it as an unlimited partnership and requires registration with the local court. For share companies, it specifies how meeting decisions are recorded and requires directors to present annual accounts and reports. Commission merchants handling goods with quoted market prices must account for transactions by reference to those prices, with the timing of their notice shaping the calculation.