Examlex
Compare the consumer activism and environmentalism movements.
Legal Person
An individual or organization that has legal rights and obligations, capable of entering into legal contracts, and can sue or be sued.
Limited Liability Company
A business structure that combines the pass-through taxation of a partnership with the limited liability of a corporation.
Hold Title
The legal right of owning a piece of property, whether it's real estate or a vehicle, indicated by a document called a title.
Joint Stock Company
A hybrid form of business organization that combines characteristics of a corporation and a partnership. Usually, a joint stock company is regarded as a partnership for tax and other legal purposes.
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