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Marketing

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Term
Definition
show Process of starting and operating your own business  
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Entrepreneurs   show
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show A legal agreement to sell a parent company's product or service in a designated geographic area  
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show A business that is owned and operated by one person  
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show the owner's financila liability isnot limited to investmesntsd in the business  
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partnership   show
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generalpartnership   show
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show Limited partner is liable for any debts only up to the amount of hisor her investment in the company  
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show The personal assets of the owners cannot be taken ifg a company does not goes well and falls into legal trouble  
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Corporation   show
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show The owners of a corporation and have limited liability  
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show One that is incorpated under the laws of a state that differs from the one in which it does business  
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LLC   show
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show The registrationvby which the county gov. officialy recongizes that a new propreitorship or partnership exists  
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show The name and address of a new corporatio0n , its purpose, and the names of the intial directors  
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