Examlex
An IP address is an 8-bit number assigned to each computer to identify it on the Internet.
Carrying on Business
The act of engaging in commercial activities with a degree of continuity and organization, aiming at producing income or profit.
Sole Proprietorship
A business owned and operated by one person, where there is no legal distinction between the owner and the business.
Unlimited Liability
A legal obligation where business owners and partners are personally responsible for all debts and liabilities of the business.
Societies Act
Legislation that governs the registration and management of not-for-profit corporations or societies in certain jurisdictions.
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