How is the Commercial Code structured? The most important legal source of commercial law is the Commercial Code (HGB). In addition, the general provisions of the German Civil Code (BGB) also apply. The Commercial Code comprises a total of five books and is structured as follows: Book I (§§ 1-104a HGB) includes, among other things,…
Read more
Agency Agreement between the company ………………………. (name of the company and location of the headquarter) – hereinafter referred to as company – and Mr. / Company ……………………………. (name of the sales representative, address) – hereinafter referred to as commercial agent- § 1 Legal status of the commercial agent The commercial agent acts…
Read more
The commercial agent may have the right for a settlement claim at the end of the contractual agreement. This settlement represents the compensation for services provided by the commercial agent, which also have a beneficial effect on the entrepreneur after the contractual relationships has ended. The appropriate compensation therefore related to expected sales to the…
Read more