Business
Term · Law · MLC-T-LAW-000805
An organization or enterprise engaged in commercial, industrial, or professional activities with the aim of generating profit. It involves the production, distribution, or sale of goods or services. Legal forms of business include sole proprietorships, partnerships, corporations, and limited liability companies, each with distinct legal and tax implications.
| Identifier | MLC-T-LAW-000805 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000805",
"term": "Business",
"field": "Law",
"definition": "An organization or enterprise engaged in commercial, industrial, or professional activities with the aim of generating profit. It involves the production, distribution, or sale of goods or services. Legal forms of business include sole proprietorships, partnerships, corporations, and limited liability companies, each with distinct legal and tax implications.",
"url": "https://mlchart.com/terminology/law/business/"
}
Record 610 of 5,439 in Law terminology (MLC-0107). Request the full dataset.