Engaged in the business definition

Engaged in the business means doing any of the following acts for the purpose of the sale of motor vehicles at retail: acquiring, selling, exchanging, holding, offering, displaying, brokering, accepting on consignment, conducting a retail auction, advertising as being engaged in any of those acts, or acting as an agent for the purpose of doing any of those acts. A person selling at retail more than six motor vehicles during a twelve-month period may be presumed to be engaged in the business.
Engaged in the business or similar wording, means doing any of the following acts for the purpose of selling snowmobiles at retail: acquiring, selling, exchanging, holding, offering, displaying, brokering, accepting on consignment or conducting a retail auction, or acting as an agent for the purpose of doing any of these acts. A person selling at retail more than five snowmobiles during a 12-month period may be presumed to be engaged in the business.
Engaged in the business means having sold or exchanged at least one trailer,

Examples of Engaged in the business in a sentence

  • LICHFL Financial Services Limited Engaged in the business of marketing various financial products and services on own account and on behalf of others.

  • LICHFL Care Homes Limited Engaged in the business of providing shelter to elderly people.

  • Engaged in the business of selling or distributing new and unused motor vehicles to motor vehicles dealers in this state.

  • Engaged in the business of a real estate, cemetery or membership camping broker or real estate, cemetery or membership camping salesperson without holding a license as prescribed in this chapter.

  • The term ‘‘insur- ance company’’ means any entity that is:(1) Engaged in the business of insur- ance,(2) Subject to regulation by a State insurance regulator, and(3) Covered by a State law that is de- signed to specifically deal with the re- habilitation, liquidation or insolvency of an insurance company.Intermediate insurance stock holding company.


More Definitions of Engaged in the business

Engaged in the business means the individual or entity buys, sells, brokers, trades, or offers for resale a manufactured or mobile home.
Engaged in the business. ’ means a person who man-
Engaged in the business means having sold or exchanged at retail either six
Engaged in the business means having sold or exchanged at least one motorcycle or motor-driven cycle in the immediately preceding year or a combination of two such vehicles in the two immediately preceding years.
Engaged in the business means having sold or exchanged at least one trailer, semi-trailer, or trailer coach in the immediately preceding year or a combination of two such vehicles in the two immediately preceding years.
Engaged in the business. ’ means ‘‘a person who devotes time, attention, and labor to dealing in firearms as a regular course of trade or business to predominantly earn a profit through the repetitive purchase and resale of firearms.’’ However, the BSCA definition does not include ‘‘a person who makes occasional sales, exchanges, or purchases of firearms for the enhancement of a personal collection or for a hobby, or who sells all or part of his personal collection of firearms.’’ 18
Engaged in the business means a person who, as provided in 18 U.S.C. 921(a)(21) and 27 CFR 478.11(a), devotes time, attention, and labor to engaging in such activity as a regular course of trade or business with the principal objective of livelihood and profit, or who:(1) conducts a business selling, leasing, or transferring firearms;(2) holds himself or herself out as engaged in the business of selling, leasing, or otherwise transferring firearms; or (3) sells, leases, or transfers firearms in quantity, in series, or in any other manner indicative of trade. "Firearm" has the same meaning as "firearm" in Section 1.1 of the Firearm Owners Identification Card Act."Gunsmith" means, as defined in 27 CFR 478.11(d), any person who receives firearms (frames, receivers, or otherwise) provided by a customer for the purpose of repairing, modifying, embellishing, refurbishing, or installing parts in or on those firearms. A gunsmith is not "engaged in the business" of manufacturing firearms because the firearms being produced are not owned by the gunsmith and he does not sell or distribute the firearms manufactured."Importer" means, as defined by 18 U.S.C. 921 (a)(9) and 18 U.S.C. 921 (a)(21)(E), a person who devotes time, attention, and labor to importing firearms as a regular course of trade or business with the principal objective of livelihood and profit through the sale or distribution of the firearms imported. "Importer" shall include the following types of Federal Firearms Licenses: Type 08-importer of firearms other than destructive devices or ammunition for firearms other than destructive devices, or ammunition other than armor piercing ammunition; Type 11-importer of destructive devices, ammunition for destructive devices, or armor piercing ammunition."Licensee" means a dealer or a dealership licensed under this Act. Anyone who holds himself or herself out as a licensee or who is accused of unlicensed business is considered a licensee for purposes of enforcement, investigation, hearings, and the Illinois Administrative Procedure Act."Licensed collector" means any person licensed as a collector under 18 U.S.C. 923."Manufacturer" means, as defined by 18 U.S.C. 921 (a)(10) and 27 CFR 478.11, any person engaged in the business of manufacturing firearms or ammunition for purposes of sale or distribution. "Manufacturer" includes the following types of Federal Firearms Licenses: Type 06-manufacturer of ammunition for firearms other than ammunition for destructive devices or armor piercing...