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LSDefine

Simple English definitions for legal terms

business license

Read a random definition: statutable

A quick definition of business license:

A business license is a special permission given by the government that allows a person or company to do a certain type of business in a certain area. Some businesses need a license, while others don't. Different government agencies give out licenses for different types of businesses, like selling alcohol or flying airplanes. It's important to get all the necessary licenses before starting a business, or else you might get in trouble and have to pay fines or close your business.

A more thorough explanation:

A business license is a type of permission granted by a government agency that allows an individual or entity to engage in a specific business activity within a particular jurisdiction. Some businesses may require a license, while others may not, depending on the applicable state, municipal, or county rules and regulations.

For example, the Animal and Plant Health Inspection Service (APHIS) grants permits for the import, transit, and release of regulated animals, animal products, veterinary biologics, plants, plant products, pests, organisms, soil, and genetically engineered organisms. The Alcohol and Tobacco Tax and Trade Bureau (TTB) grants permits for TTB-regulated businesses, such as manufacturing and selling beer, wine, or distilled spirits. The Federal Aviation Administration (FAA) grants FAA licenses and certificates for pilots, aircraft, airports, and spaceports. The Federal Maritime Commission (FMC) grants licenses for U.S.-based companies or sole proprietors operating as Ocean Freight Forwarders (OFF) or Non-Vessel-Operating Common Carriers (NVOCCs). The Federal Communications Commission (FCC) grants licenses for amateur radio service licensing, commercial radio operation, television broadcast, and wireless services, among others. The Department of Transportation (DoT) of New York grants a permit for Oversize/Overweight Loads.

It is essential to research and obtain all necessary licenses when starting a business to legally operate that specific business. Failure to obtain the legally required licenses may result in fines or the forced closure of the business.

These examples illustrate how different government agencies grant licenses or permits for various types of business activities, ensuring that businesses operate legally and safely within their jurisdiction.

business judgment rule | business record exception

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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