explain the article ( contract law)

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Article17contractlaw.docx

Article 17

Share in the Company

The partner’s19 share may be a certain amount of money (cash contribution), an in-kind contribution or labour that may serve the company’s objectives. The partner’s contribution shall not be in the form of his reputation, influence or financial standing. Furthermore, only cash contributions and in-kind contributions shall constitute the company’s capital. Unless otherwise agreed upon by agreement or custom, the partners' contribution shall be of equal value and shall relate to property ownership and not only the usufruct.