Bookbot

Nopire Severin Hien

    The assets of the sole trader
    • 2021

      The assets of the sole trader

      • 188pages
      • 7 heures de lecture

      The book explores the implications of the principle of unity of assets for individual entrepreneurs, highlighting the risks associated with unlimited liability where both personal and professional assets are vulnerable to creditors. It discusses the significant consequences this has on the entrepreneur's life and family, as well as the lack of protective legal mechanisms under OHADA law. The author argues for the necessity of reforming this principle to establish a separate patrimony for assignment, aiming to safeguard entrepreneurs from the unpredictable nature of their business activities.

      The assets of the sole trader