CFR > Title 7 > Subtitle B > Chapter IX > Part 959 > Subpart A > Reports
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| § 959.80 | Reports |
Terms Used In CFR > Title 7 > Subtitle B > Chapter IX > Part 959 > Subpart A > Reports
- 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.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- 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.