What is the legal effect of contracts entered into with a company branch on the parent company?
Legal Answer
Radiif AI Legal Assistant
⚡ Quick Answer:
Contracts entered into with a company branch are binding on the parent company, as the branch does not possess an independent legal personality separate from the parent company.
Legal References & Citations
تعميم وزارة التجارة رقم 573/81/222 وتاريخ 3 /2 /1415هـ
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