Power of Attorney

24 Feb

Definition: (noun) A document which allows one person to act for another. Uses: Can be a general power of attorney, which allows one person to act as the other in every respect. This would most commonly occur when the person … Read More »

Limited Liability Company

5 Mar

LLC; Limited Liability Company Forms Definition: (noun) A legally recognized business entity combining the limited liability advantages of a corporation with the ease of operation and management advantages of partnership. LLCs have rights and powers similar to a natural person … Read More »

Corporation Legal Forms

5 Mar
Business Incorporation

Corporation; Incorporation Definition: (noun) A legally recognized entity having rights and powers similar to a person; usually formed by one or more individuals to operate as a business, for tax or limited liability reasons. Use: The document which forms a … Read More »