Dictionary of Legal Terms
Legal Dictionary
BizCounsel's dictionary of legal terms defines common terms concerning business contracts, employment law, and more.
Featured Terms
![Limited Liability Company (LLC)]()
Limited Liability Company (LLC) View Definition![Partnership]()
Partnership View Definition![Quorum]()
Quorum View Definition![ERISA]()
ERISA View Definition![Indemnification]()
Indemnification View Definition![Incentive Stock Option]()
Incentive Stock Option View Definition
Latest from the Blog
Can a Professional Corporation be Taxed as an S Corp?
Jan. 23, 2020
When a professional corporation is successfully formed, the C Corp is oftentimes the default, but certain P.C.s may elect S Corp status.
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