Is a unilateral written acknowledgment or a will not signed by the other party sufficient to prove the simulated nature of a contract for the ownership of shares in a commercial entity?
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Radiif AI Legal Assistant
⚡ Quick Answer:
A unilateral written acknowledgment or a will not signed by the other party is not sufficient to prove the simulated nature of a contract for the ownership of shares in a commercial entity. Rather, proving simulation requires conclusive evidence, such as a "counter-document" (or "counter-letter") signed by both parties.
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