Article 9. Liability of Corporations Permitting Others to Use Its Own Trade Name.

 

(Compare Article 23 of the former Commercial Code)

 

Corporations which permit other parties to do business or engage in business using its own trade name, shall be jointly and separately liable together with the said other party to parties engaging in transactions with the said other party, but who had the misconception that the said corporation is doing the said business, for obligations arising out of the said transactions.

 

 

Disclaimer: This translation is for general reference purposes only and is provided on an gas ish basis with no warranties made whatsoever. Attorney Roderick H. Seeman (licensed in the USA) shall not be responsible for any consequences resulting from the use of this translation. Reliance must be placed on the original Japanese text of the laws. In the text of the translation article headings are added in parenthesis are not in the Japanese language original and are added only for the purposes of enhanced comprehension. 

Click here to see a copy of Attorney Seemanfs Japanese stockbrokerfs license that he passed on the first attempt in Japanese (becoming the first qualifying Westerner). The exam is now available in English due to claims that it was too difficult in Japanese.

 

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