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LSDefine

Simple English definitions for legal terms

business license

Read a random definition: penal custody

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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[] c0bra1
17:07
this the first time ive got something at fo pm
@c0bra1: wait who r u leaning on going to based on ur current A's
UnevenInstinctiveSeal
17:23
When is gulc going to put me out of my misery omg
17:36
Has anyone heard anything from Loyola Chicago recently?
[] c0bra1
17:50
@JupitersMoons: i deposited at cardozo
[] c0bra1
17:50
after much deliberation
very slay
Can I ask why no W&L, as a person who is prob gonna deposit W&L?
[] c0bra1
17:57
i am scared of lexington
[] c0bra1
17:57
i dont like small town vibes
[] c0bra1
17:57
also i couldnt find detailed info on their actual courses or curriculum
Incredibly real and relatable
[] c0bra1
18:02
yeah cost is not issue for me so i am deciding on vibes and area of interest mostly
PopSmoke
18:03
Im debating whether or not I should’ve deposited at w&l after these new Aba reports
PopSmoke
18:03
They just sent 40% of their class to BL
I checked out W&L earlier this year - Lexington, VA i& the surrounding area is interesting for sure
but again, that's my perspective as a native New Yorker, I personally couldn't do it
starfishies
18:26
underrated school imo but I’ve gushed about them here enough 🤧
[] c0bra1
18:33
if they had more info on their ip law stuff i might've deposited there but i couldn't find much
[] c0bra1
18:35
lexington was the major turn off though i think i would go insane if i lived in a town that was like 4 streets long 💀
c0bra, that's what im saying... i was like hunny what is dis........
put your shoes on lets go find u a HOME
I'm from buttfuck midwest I will survive
Also @starfishies I would talk to u more about w&l if u wanted :)
[] c0bra1
18:41
you got a nice scholarship too @JupitersMoons
yeah, money talks and we broke as hell over here
starfishies
18:44
ill never pass up the opportunity
starfishies
18:44
guys W&L would’ve been my vibes pick
starfishies
18:45
Lexington = lock-in-ton
starfishies
18:45
get that gpa get that job get that money get out
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