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Press space or enter to grab Unrestricted legal responsibility for obligations.

Partnership

Press space or enter to grab An arrangement whereby two or more businesses agree to cooperate for some purpose.

Product licensing

Press space or enter to grab A person who has an ownership interest in a corporation.

Sales agency

Press space or enter to grab A business carried on by two or more persons with the intention of making a profit.

Shareholder

Press space or enter to grab An unincorporated business organization that has only one owner.

Sole proprietorship

Press space or enter to grab An arrangement whereby the owner of a trademark or other proprietary right grants to another the right to manufacture or distribute products associated with the trademark or other proprietary right.

Strategic alliance

Press space or enter to grab An agreement in which a manufacturer or distributor allows another to sell products on its behalf.

Unlimited liability