Commercial Corporation
DataModel:CDQ/Business Partner/Legal Form/Legal Form Category/LF109
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | LF109
|
| Language-specific name. Monolingual name | Commercial Corporation (en) |
| Language-specific short name. Monolingual short name | Com.Corp. (en) |
| Informal and comprehensive human-readable definition of a concept. Description | A Commercial Corporation is a type of business organization that is legally separate from its owners. It's designed to earn profit for its owners, namely the shareholders, and it has the legal rights of an individual person, separate from those who own and manage it. |