A comparison of the legal regulation of an unlimited liability company in Czech and German legal order

COMPARISON OF THE LEGAL ADJUSTMENT OF THE GENERAL PARTNERSHIP IN THE CZECH AND GERMAN LEGAL SYSTEMS Abstract: The purpose of my thesis is to analyse the differences and similarities between the general partnership in the Czech and German legal system. The reason for my research is to identify the differences and the similarities between the two companies mentioned above to demonstrate how the laws and legal adjustments in different countries of the European Union are. The thesis is composed of an introduction, seven chapters and a conclusion, each of them dealing with different aspects of the legal adjustment of the general partnership (hereinafter referred to as "partnership"). The introduction defines the basic terminology used in the thesis: history, company of private law, legal personality, legal characteristics and definition of the partnership, foundation and formation of the partnership, the rights and duties of the partners and the governing of the partnership. Chapter One deals with the brief history of the partnership in both countries and describes the similarities and differences between the companies in the past. Chapter Two examines the common features of the German company of private law which serves as a legal basis for the partnership and the contract of association, the Czech equivalent..