Examlex
A disadvantage of corporations is that an owner must get the approval of all other owners before selling his or her interest in the firm to another investor.
Congressional Power
The authority granted to the U.S. Congress under the Constitution to enact legislation, regulate commerce, declare war, and perform other duties as specified.
Limitations
Restrictions or caps set on actions such as the time within which legal proceedings can be initiated, known as statutes of limitations.
Interstate Commerce
Commerce conducted between two or more states in the United States, regulated by federal law to ensure free and fair trade.
Intrastate Commerce
Commercial transactions or transportation occurring within the borders of a single state, not involving or crossing state lines.
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