Defects of Legal Transactions in Brazilian Civil Law
Dolo (Fraud/Deceit)
Dolo: Occurs when a person uses trickery to gain an advantage over another. It involves a deceptive factor, implying an intent to do something. This deception is not a spontaneous error. For example, buying a necklace whose salesman said it was gold, and then you find that it is not.
Main Fraud (Dolo Principal)
This is a situation where deception exists, and the mistake is caused or induced by one of the parties or even a third party (as Brazilian law admits fraud caused by third
Read MoreChilean Pension System: Benefits and Professional Implications
Pensions Under Decree Law No. 3500
The system includes the following pensions:
- Normal Old-Age Pension
- Early Old-Age Pension
- Disability Pension
- Survivor’s Pension
Normal Old-Age Pension
The Normal Old-Age Pension entitles individuals to receive a monthly amount of money after reaching the minimum retirement age (65 years for males or 60 years for females), provided they are enrolled in one of the pension schemes.
Early Old-Age Pension Explained
The Early Old-Age Pension is a benefit allowing members to retire
Read MoreCompany Law Fundamentals: Structure, Formation, and Capital
Understanding Companies: Definitions and Features
Definition of a Company
A company is a legal entity separate from its members, created by law, with its own rights, duties, and liabilities. It is a business organization formed to carry out specific activities as defined in its charter. Companies have the ability to own property, incur liabilities, and engage in business transactions in their own name.
- According to Section 2(20) of the Companies Act, 2013, “Company means a company incorporated under
Property Expropriation: Rights, Compensation, and Legal Process
Understanding Property Expropriation
Expropriation is a legal process where a public entity acquires private property for public use, often against the owner’s will, with compensation. This document clarifies the effects, claims, compensation methods, and legal aspects of expropriation.
Key Effects of Expropriation
- Property Unmarketability: Once an act of expropriation is initiated, the affected property becomes unmarketable and cannot be subject to any further acts or contracts.
- Right to Claim: The
Safeguarding Your Rights: IP and Consumer Law
Intellectual Property Rights: An Introduction
World Intellectual Property Day is observed annually on April 26. The event was established by the World Intellectual Property Organization (WIPO) in 2000 to “raise awareness of how patents, copyright, trademarks, and designs impact daily life” and “to celebrate creativity and the contribution made by creators and innovators to the development of societies across the globe.” April 26 was chosen as the date for World Intellectual Property Day because it
Read MoreCommercial Registry: Functions and Legal Principles
Functions of the Territorial Commercial Registry
Besides its advertising function, the Territorial Commercial Registry is assigned other key functions:
- Legalization of company books.
- Appointment of independent experts for the valuation of in-kind contributions in public limited companies (SA) or limited partnerships by shares, and for cases of company mergers or divisions. It is also responsible for appointing auditors.
- Deposit and publication of annual accounts for limited liability companies and corporate