transacting business

transacting business
Doing business. Engaging in business. It has been held that entering into a contract to transact business is, in the unlimited meaning of the term, "transacting business," but that such was not the meaning of the term as contemplated in a statute requiring foreign corporations to perform certain acts as a prerequisite to transacting business within the state. Tri-state Amusement Co. v Forest Park Highlands Amusement Co. 192 Mo 404, 90 SW 1020. See doing business; engaging in or transacting business.

Ballentine's law dictionary. . 1998.

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  • transacting business within the state — See doing business in state …   Ballentine's law dictionary

  • engaging in or transacting business — To constitute engaging in or transacting business in a state, so as to be found or be present there for purposes of personal service of process, a nonresident corporation s activities must be substantial, continuous, and regular, as distinguished …   Ballentine's law dictionary

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  • business — Employment, occupation, profession, or commercial activity engaged in for gain or livelihood. Activity or enterprise for gain, benefit, advantage or livelihood. Union League Club v. Johnson, 18 Cal.2d 275, 108 P.2d 487, 490. Enterprise in which… …   Black's law dictionary

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