Archives: Wissensdatenbank

Definition and function of the secondary burden of proof The secondary burden of proof is a procedural legal concept in German civil procedure law. It ...

Definition and nature of the power of acquiescence The power of acquiescence is a form of power of representation developed by case law in which ...

Definition and meaning of freedom of contract Freedom of contract is an essential principle of private autonomy and refers to the right of every person ...

Definition and legal basis of the prima facie power of attorney The prima facie power of attorney is a form of power of attorney developed ...

Definition and meaning of implied action Implied (conclusive) action describes a form of declaration of intent in which a person expresses their legal intent not ...

Definition and meaning of the declaration of intent The declaration of intent is a central element of every legal transaction and refers to a statement ...

Definition and function of representation (Section 164 BGB) Representation enables a person (representative) to conclude legal transactions with direct effect for and against another person ...

Definition and purpose of legal capacity In a legal context, legal capacity describes the ability of a natural person to carry out legal transactions independently ...

Definition and legal basis (Section 138 BGB) In civil law, immorality refers to a violation of a legal transaction against the sense of decency of ...

Definition and basic principle of negligence In the legal context, negligence describes the failure to exercise due care in traffic. It occurs when a person ...

Definition and basic principle of intent In the legal context, intent refers to the conscious and deliberate bringing about of a certain result with knowledge ...

Definition and legal basis of the principle of abstra ction The principle of abstraction is one of the fundamental principles of German civil law and ...

Definition and function of revenue-based financing Revenue-based financing is an innovative form of financing in which companies receive capital from investors and in return transfer ...

Definition and objective of public funding Public funding is financial support provided by government institutions at federal, state or European Union level. The aim of ...

Definition and economic purpose of factoring Factoring refers to a special form of financing in which companies sell their existing trade receivables to a third ...

Definition and objectives of incubator programs An incubator program supports start-ups and founding teams at a very early stage of development, often before a market-ready ...

Definition and objectives of accelerator programs An accelerator program is a time-limited, intensive support program for start-ups that aims to prepare young companies for rapid ...

Definition and functioning of a family office A family office is a professional organization that specializes in the comprehensive management of wealthy families' assets. These ...

Definition and basics of private equity Private equity refers to off-market equity capital that is typically invested in established, financially stable companies. The aim is ...

Definition and functioning of a SPAC A Special Purpose Acquisition Company (SPAC) is a listed shell company that is founded with the sole purpose of ...