Coursera For Enterprise
Business group, an entity formed for the purpose of carrying on commercial enterprise. Such a corporation relies on methods of legislation governing contract and trade, property rights, and incorporation. Generally, corporations are required to pay tax similar to "real" folks. The first function, plurality of membership, distinguishes the business affiliation from the enterprise owned by one individual; the latter does not need to be regulated internally by legislation, because the single owner completely controls the belongings. Professions that require special licenses embody law, drugs, piloting aircraft, selling liquor, radio broadcasting, selling funding securities, selling used vehicles, and roofing. Local jurisdictions may require particular licenses and taxes simply to operate a enterprise. A company, however, is a separate authorized entity and offers for restricted legal responsibility, in addition to corporate tax rates. A firm construction is more sophisticated...