South Carolina Code > Title 58 > Chapter 12 > Article 2 – Franchising by Municipalities and Counties
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Terms Used In South Carolina Code > Title 58 > Chapter 12 > Article 2 - Franchising by Municipalities and Counties
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Contract: A legal written agreement that becomes binding when signed.
- Conviction: A judgement of guilt against a criminal defendant.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.