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LSDefine

Simple English definitions for legal terms

business

Read a random definition: certificate of rehabilitation

A quick definition of business:

A business is when someone or a group of people do something to make money. They might sell things or offer services to people. But, sometimes people do things to help others without making money, and that can also be a business. To start a business, you need to plan things like what you will sell, who you will sell it to, and how you will make money. You also need to think about the rules and laws that apply to your business.

A more thorough explanation:

A business is an activity or trade performed by a person or entity with the goal of making a profit. This can include selling goods or services to the public. However, a business can also be a non-profit organization that pursues a charitable or social purpose.

  • A bakery that sells bread and pastries to customers is a business.
  • A law firm that provides legal services to clients is a business.
  • A non-profit organization that provides free meals to the homeless is also a business, even though it does not aim to make a profit.

These examples illustrate how a business can involve different types of activities and goals. The bakery and law firm are both commercial businesses that aim to make a profit by providing goods or services to customers. The non-profit organization, on the other hand, has a social purpose and does not aim to make a profit, but it still operates like a business by providing a service to the public.

Developing a business may require creating a plan that considers various aspects, such as:

  • The name and concept of the business
  • A market analysis and strategy for positioning the product
  • The business goals and objectives
  • The legal structure and tax planning
  • The marketing and sales plan
  • The organizational structure of the business

These elements help to ensure that the business is well-planned and has a clear direction for success.

Bush v. Gore (2000) | Business and Professions Code - by state

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Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
soapy
11:23
Shoutout to Robinhood's election bet not resolving until January
triplethread
11:23
is anyone else like certain that trump will win
ambitiouslizard
11:23
he aint winning
triplethread
11:23
i like being a pessimist
ambitiouslizard
11:24
he lost his re-election, why would he win this one?
1a2b3c4d26z
11:25
I have no idea why people have so much beef w berkeley's app
I've been reading a bit about "herding," which is this idea that pollsters are making the race look tied so they look right no matter who wins.
1a2b3c4d26z
11:26
Like... it's a more involved app but you don't have to do it? They're clearly trying to have some self-selection go on
I 100% agree with the self selection, I also am not even close to touching the medians there. However I think the huge PS plus the video and especially the very specific criteria for the why Berkeley essay is pretty crazy
I'm curious, how bold can one be in those videos? Is it worth making a satirical Jason Statham-action short if the adcoms have no sense of humor?
the more risk you take the higher chance of it backfiring
my instinct would be low humor bc if they have such a complex application I would feel hesitant to use a major part of it as a joke. They clearly take their admissions seriously and a joke video might convey the wrong thing at the wrong time. I think that humor is best put into a PS anecdote where it adds some shine to your personality
safe is always better
All good points
triplethread
11:34
@TheAdoptedOne: amazing
I almost did one for Vanderbilt and my idea was to do a documentary-style vid where I and others talked about me like it was an ESPN 30 for 30.
1a2b3c4d26z
11:36
I was risky in maybe one or two of my essays in that some parts read as slightly humorous, but I really tried to suss out the vibe for each school. I feel like Berk and UMich may be more accommodating of a more "out there" approach than other schools I applied to
1a2b3c4d26z
11:37
but that's literally just going off vibes
it looks like Berk vid is in response to a known prompt. My thinking is it may be a counter to AI by getting people to have to respond to what is essentially an essay prompt but on video
"I think really it’s more the USNWR change that emphasizes employment outcomes in school rankings. Schools want to admit people who have the skills to be more likely to land great jobs even more than before, and being a good interviewer is a very important for that. They want to see you have the soft skills." from a reddit comment
1a2b3c4d26z
11:38
One funny thing when talking to lawyers at work is that they will always say how they wish more law schools had interviews to make sure you can like... talk to people and form sentences
getting lunch no one say anything funny or do anything cool for 15 mins
triplethread
11:43
my dick fell off
Trump dropped out of the race
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