Other Business Entities
Almost every recognized type of organization carries out some economic activities (for example, the family). Other organizations that may carry out activities that are generally considered to be business exist under the laws of various countries. These include:
- Consumers' cooperative
- Holding company
- Limited company (Ltd.)
- Limited liability company (LLC)
- Limited liability limited partnership (LLLP)
- Limited liability partnership (LLP)
- Limited partnership (LP)
- Low-profit limited liability company (L3C)
- Not-for-profit corporation
- Partnership
- Sole proprietorship
- Trust company, Trust law
Read more about this topic: Corporation
Famous quotes containing the words business and/or entities:
“After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world.”
—Calvin Coolidge (1872–1933)
“Experimental work provides the strongest evidence for scientific realism. This is not because we test hypotheses about entities. It is because entities that in principle cannot be ‘observed’ are manipulated to produce a new phenomena
[sic] and to investigate other aspects of nature.”
—Ian Hacking (b. 1936)