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In the Civil Code you can read, among others: The parties concluding a contract may arrange the legal relationship as they wish, as long as its content or purpose does not contradict the properties (nature) of the relationship, the law or the principles of social coexistence. This is a principle relating to the freedom to conclude contracts between parties It is said that a management contract is an unnamed contract to which the provisions apply as to a mandate contract This is also confirmed by the Supreme Court in the resolution described below.
However, please remember that concluding an agreement under a management contract is possible provided that the philippines photo editor candidate meets a number of additional requirements to perform the function of a manager. A characteristic feature of a mandate contract is the performance of repetitive activities, which cannot be directly related to a management contract. The manager/manager should be characterized by creativity, ingenuity, organizational and management skills. Most often, within the scope of his/her powers and competences, the manager manages the company or part of it. In the resolutionSupreme Court (SN) ref.
It can be read that a management contract, as an unnamed civil law contract, is concluded between a manager and an entrepreneur ordering management, with the aim of managing someone else's enterprise on behalf of the entrepreneur, on his account and at his risk. In the opinion of the Supreme Court, what distinguishes the Management Agreement mainly is that its conclusion involves the transfer by the owners of the enterprise to the manager of the authority to independently undertake factual and legal activities related to the management of the enterprise.
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