Examlex
The holding period for boot property received begins on the day after the date of the exchange.
Bylaws
Regulations, rules, or laws adopted by an organization or community to govern its actions and the actions of its members.
Sole Proprietorship
A business structure where a single individual both owns and runs the company, bearing unlimited personal liability for its debts.
Unlimited Liability
A business structure where the owners are personally responsible for all of the company's debts and liabilities.
Business License
A legal authorization to operate a business in a particular municipality, region, or country, often requiring renewal and compliance with specific regulations.
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