California Vehicle Code 234 – A “business” includes a proprietorship, partnership, corporation, and …
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A “business” includes a proprietorship, partnership, corporation, and any other form of commercial enterprise.
(Added by Stats. 1990, Ch. 1563, Sec. 1.)
Terms Used In California Vehicle Code 234
- 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.