Terms Used In Maine Revised Statutes Title 7 Sec. 895

  • 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.
Any person, partnership, association, firm or corporation, when quoting the price, shall include the grade on all flyers, newspapers, radio and television advertisements. [PL 1967, c. 104 (NEW).]
SECTION HISTORY

PL 1967, c. 104 (NEW).