Business.engl.terms Flashcards
Commercial register
It is a public directory that provides information about registered merchants. It provides information about essential legal and economic conditions of merchants and companies. Everyone can have a look at it.
Sole Proprietorship
Most businesses are sole proprietorships. This is the easiest and most straight forwarded type of business form. Sole proprietorships are owned and run by only person.
Solicitor
One of the two types of practicing lawyers in England and Wales. Generally, a solicitor will consult with his or her client and prepare a brief. In comparison to the other type of practicing lawyers, the barrister, the solicitors have rights of audience in only some courts.