How is Business enterprise defined in a legal contract?
- Business enterprise means a formal business structure that can take the form of a firm, any form of partnership, corporation, or business entity, including a joint agreement, estate, or trust. This does not restrict to limited liability corporations, professional associations, or joint ventures. Seen in 73 SEC filings.
- Business enterprise means any business structure such as a corporation, partnership, joint agreement or association that is engaged in technology development that serves the needs of online and print publishers and their advertisers. Seen in 18 SEC filings.
- Business enterprise means any business structure such as a corporation, partnership, joint agreement or association engaged in operations related to oil and gas properties. Seen in 17 SEC filings.
- Business enterprise means any entity competing with any units or divisions of another [organization] which you were a part of during a [number] year period before your employment was terminated. Seen in 16 SEC filings.
- Business enterprise means either a sole proprietorship, partnership, joint agreement, any kind of limited liability company, for-profit, or non-profit corporation, a business trust, a real estate investment trust, or any other entity that is legally allowed to conduct business in the jurisdiction where it operates. Environment for conducting business does not include religious organizations. Seen in 15 SEC filings.
- Business enterprise means a private entity such as a sole proprietorship, partnership, corporation, or limited liability company, organized to provide services or goods for profit. Seen in 14 SEC filings.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Business enterprise means a formal business structure such as a corporation, partnership, or a business entity conducting statistically significant operations.
Relevant Contract Types
- Partnership Agreements
- Corporation Bylaws
- Shareholder Agreements
- Joint Venture Agreements
- Franchise Agreements
Relevant Circumstances
- Formation of new businesses
- Corporate mergers
- Share acquisitions
- Establishment of franchises
- Formation of joint ventures
Relevant Sectors
Genie Definition 2
Business enterprise means any entity competing directly with another [organization] that the user was previously an affiliation of.
Relevant Contract Types
Relevant Circumstances
- Employment termination
- Business competition disputes
- Employee transfer to competitor firms
Relevant Sectors
Genie Definition 3
Business enterprise means any private organization providing goods or services for profit.
Relevant Contract Types
Relevant Circumstances
- Service provision to clients
- Establishment of freelancer-client relationships
- Establishment of consultant-client relationships
Relevant Sectors
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Business enterprise means a formal business structure such as a corporation, partnership, or a business entity conducting statistically significant operations.
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