CFR > Title 40 > Chapter I > Subchapter D > Part 105 > General
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| § 105.1 | Background |
| § 105.2 | Definitions |
| § 105.3 | Title |
Terms Used In CFR > Title 40 > Chapter I > Subchapter D > Part 105 > General
- 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.