Gesellschaft mit beschränkter Haftung

Gesellschaft mit beschränkter Haftung (pronounced [gəˈzɛlʃaft mɪt bəˈʃʁɛŋktɐ ˈhaftʊŋ], abbreviated GmbH [geː ʔɛm beː haː], in Austria also GesmbH or Ges.m.b.H.), which is German for "company with limited liability", is a type of legal entity very common in Germany, Austria, Switzerland and Liechtenstein. The name of the GmbH form emphasizes the fact that the owners (Gesellschafter, also known as members) of the entity are not personally liable for the company's debts.GmbHs are considered legal persons under German and Austrian law. Other variations include mbH (used when the term Gesellschaft is part of the company name itself), and gGmbH (gemeinnützige GmbH) for non-profit companies.

The GmbH has become the most common corporation form in Germany, since the AG (Aktiengesellschaft), the other major company form corresponding to a stock corporation, was much more complicated to form and operate until recently.

History

The laws governing this type of legal entity were adopted in Germany in 1892, and in Austria in 1906. The concept of limited liability created by these laws inspired the legal establishment of the limited liability company form in other countries, although the concept of a limited liability company already existed in the United Kingdom.

Golf

Golf is a club and ball sport in which players use various clubs to hit balls into a series of holes on a course in as few strokes as possible.

Golf is one of the few ball games that do not require a standardized playing area. The game is played on a course with an arranged progression of either nine or 18 holes. Each hole on the course must contain a tee box to start from, and a putting green containing the actual cup. There are other standard forms of terrain in between, such as the fairway, rough, and hazards, but each hole on a course is unique in its specific layout and arrangement.

Golf is played for the lowest number of strokes by an individual, known as stroke play, or the lowest score on the most individual holes in a complete round by an individual or team, known as match play. Stroke play is the most commonly seen format at all levels.

Origin

Golf (film)

Golf is a 1922 American silent comedy film featuring Oliver Hardy. The film has been released on DVD.

Cast

See also

References

External links

Golf (card game)

Golf (also known as Polish Polka, Polish Poker, Turtle, Hara Kiri, Poison, or Crazy Nines) is a card game where players try to earn the lowest number of points (as in golf, the sport) over the course of nine deals (or "holes" to further use golfing terminology). It is a game for four or more players using a double-deck of 108 cards, and has little in common with its solitaire cousin.

Deal

Four or more players use two standard 52-card decks plus 2 or 4 Jokers . Each player is dealt 6 cards face down from the deck, the remainder is placed face down and the top card is turned up to start the discard pile beside it. Players arrange their 6 cards in 2 rows of 3 in front of them and turn 2 of these cards face up. This arrangement is maintained throughout the game and players always have 6 cards in front of them.

Play

The object is for players to reduce the value of the cards in front of them by either swapping them for lesser value cards or by pairing them up with cards of equal rank and try to get the lower score.The highest score lost the game and the lower score wins the game. You have to play 10 games.