commercial corporation

commercial corporation
A corporation engaged in a business, the business which it is chartered to conduct and which it pursues for profit, not for charitable, benevolent, or social purposes. Union Oil Associates v Johnson, 2 Cal 2d 727, 43 P2d 291, 98 ALR 1499.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

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