Examlex
What is software for data recovery and relieves the burden of reinstalling applications if a hard drive crashes or becomes irretrievably corrupted?
Ownership Transferable
A characteristic of property rights or shares that allows them to be passed from one individual or entity to another.
Limited Liability Company
An enterprise structure that fuses the tax handling advantages of partnerships or sole proprietorships with the limited liability feature of corporations.
Corporation
A legal entity that is separate and distinct from its owners, who are shareholders. Corporations enjoy many of the rights and responsibilities that individuals possess.
Corporate Double Taxation
A tax principle where a corporation's income is taxed at both the corporate level and again as shareholder dividends at the personal level.
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