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SPANISH COMMERCIAL CODE TITLE VII SOCIETY COMPANY Article 348. The law recognizes three kinds of society: 1st General Partnership; 2nd corporation; 3rd Limited partnership. It also recognizes the association or participation accounts. § 1. Training and testing of the partnership Article 349. You can celebrate the partnership agreement that everyone has the capacity to be bound. The lowest adult and married women not fully separate in property need special permission to celebrate a partnership. The authorization of the minor will be conferred by the ordinary courts, and a married woman by her husband. Article 350. The partnership is formed and tested by public deed registered in terms of Article 354. The dissolution of the society is to be made before expiry of the stipulated term, the extension of this, the exchange, retirement or death of a partner, altering the name and in general any reform, expansion or modification of the cont...

CODE OF COMMERCE OF SPAIN BOOK II OF COMMERCIAL CONTRACTS AND OBLIGATIONS IN GENERAL Title I GENERAL PROVISIONS § 1. The constitution, form and effect of contracts and obligations Section 96. The requirements of Civil Code on obligations and contracts are generally applicable to commercial businesses, save the modifications set forth in this Code. Section 97. For the verbal proposal of a business the bidder imposes the obligation in question are required to be accepted in the act of being known by the person who directs, and the absence of such acceptance, the proposer is free of any. Article 98. The proposal made in writing must be accepted or rejected within twenty-four hours if the person has been directed resides in the same place as the proposer, or around mail, if he has another different. Once the periods indicated, the proposal will not be made, even when it has been accepted. In case of untimely acceptance, the proposer wi...