La gérance-libre des fonds de commerce

[eng] SUMMARY The business assets hiring in form of free letting contract called in French contrat de gérance-libre opposed to contrat de gérance sala riée managership is way of profit twhich has during these last years peculiarly increased Before 193! the gérance-libre is only ikind of indirect exploitation used in very peculiar cases But under the effect of economical data conse cutive to the iworld war II rise of business assets value low levels of commercial rents tlie gérance-libre will appear as mean of specu lation It has then considerable development and becomes chiefly kind investment capitalist The holders of funds traders or men of private means wanting to save their actual capital from the monetary instability use this kind of exploitation to invest their liquid assets The return of tlie economical stability and the increasing depression ot some trades diminish the advantages of such an investment Tlie executive orders of September lr enacted with view to clean up the retailed trade put definitively an end to the speculative characte ristic of the gérance-libre Then this Iway of exploitation limited in its use by conditions of duration and of kind of activity takes a-rain an rxceptive asp