Talk:German company law

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

Default - meaning[edit]

It says in this article, in section 2.6, "Originally a supervisory board was a default requirement, so companies could choose whether to have one or not." Does that mean it was only a requirement when the company was going bankrupt, i.e. defaulting? Otherwise, using the other meaning of default, as in 'a selection made in the absence of an alternative', the first half of the sentence seems to contradict the second half. Have I missed something? Because, if a supervisory board was imposed by default then you are saying that all companies were started with supervisory boards. So initially at least, it was actually compulsory with no alternative set up allowed for the company to choose from, it was imposed on them. — Preceding unsigned comment added by (talk) 08:13, 2 October 2016 (UTC)