Companies and Businesses
(Hotels, Restaurants,
Shares, Titles, Rights)
A company is a legal entity that owns current assets and a set of fixed assets (land, buildings, facilities, machinery, furniture, and equipment), as well as intangible assets, integrated according to a technology that allows them to produce goods or provide services under defined conditions of quality and cost. The company is responsible for real or contingent liabilities and governs the operation and development of these assets.
A business is a commercial, industrial, or service entity engaged in economic activities, usually for profit. The ownership of a business can be undivided, divided among shareholders, and/or include a majority right.
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