Examlex
How many Supreme Court justices does it most often take to grant a writ of certiorari?
Flow-Through Entity
A legal business entity where income flows through to investors or owners; the entity itself is not taxed but the individuals receiving the income are.
C Corporation
A legal structure for a corporation where the owners, or shareholders, are taxed separately from the entity.
Sole Proprietorship
A business structure in which one individual owns all of the company's assets, is responsible for its debts, and reports its business income on their personal tax return.
Non-Profit
An organization dedicated to furthering a particular social cause or advocating for a shared point of interest and does not distribute its surplus funds to owners or shareholders.
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