carry on business definition
carry on business means carry on business within the meaning of subsection (3);
carry on business or “Carries on Business” means, in regards to any Person, conducting or offering to conduct a business of any scale or magnitude, including without limitation any commercial business, Home Based Business, property booking or property management business, other than the direct rental of such Person’s own Resort Lots to the Public;
carry on business means to display goods for sale by inviting others to come and buy the goods so displayed;
More Definitions of carry on business
carry on business. With respect to any business that may be or become a part of any Trust whether organized as a sole proprietorship, limited partnership, partnership or corporation, upon such terms, for such time, and in such manner as the Trustee deems advisable:
a. To hold, retain and continue to operate such business solely at the risk of the Trust estate and without liability on the Trustee’s part for any resulting losses;
b. To incorporate, dissolve, liquidate, or sell such business at such time and upon such terms as the Trustee deems advisable. In this regard the Trustee’s decision may be based upon qualified appraisal, and the Trustee shall not be obligated to seek other offers in contracting for sale to any person including another shareholder, trust, or beneficiary;
c. To borrow money for business purposes and to mortgage, pledge or otherwise encumber the assets of any Trust to secure the loan;
d. To engage in the redemption of stock and take such actions as are necessary to qualify the redemption under Sections 302 or 303 IRC and the applicable requirements of state law.
e. To create a special lien for the payment of deferred death taxes under 6324 IRC, or similar provisions of state law.
f. To create, continue, or terminate an S-Corporation election.
carry on business means to conduct, operate, perform, keep, hold, occupy, deal in or use for gain whether as principal or agent.
carry on business means any business operations being conducted on a business premises that has been licenced, which includes the opening or keeping open of any premises for such purpose;