Enterprise
The word "corporation" derives from the Latin corpus, meaning physique, and the Maurya Empire in Iron-Age India accorded legal rights to enterprise entities. In most countries, there are laws that treat small firms in a different way from massive ones. They could additionally be exempt from certain authorized filing requirements or labor legal guidelines, have simplified procedures in specialized areas, and have simplified, advantageous, or slightly different tax remedy. General partners in a partnership , plus anybody who personally owns and operates a enterprise with out making a separate authorized entity, are personally responsible for the money owed and obligations of the enterprise. A father or mother firm is an organization that owns sufficient voting stock in another agency to control management and operations by influencing or electing its board of directors; the second firm being deemed as a subsidiary of the parent firm. Laws can govern the treatment of labour a