Definition from Nolo’s Plain-English Law Dictionary
Any activity carried on with the intent to make a profit or any enterprise engaged in such activity. A business does not have to have a formal organization; it can be a corporation, partnership, sole proprietorship, or any other type of entity, ranging from a street peddler to General Motors.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:12 pm