Business.engl.terms Flashcards

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1
Q

Commercial register

A

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.

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2
Q

Sole Proprietorship

A

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.

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3
Q

Solicitor

A

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.

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