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Legal terms

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Controlling shareholder

Law; Legal

A shareholder who owns more than half of the shares or majority of the outstanding shares in a company.

Business licence

Law; Legal

A legal document that grants you the right to operate a business in your city.

Investigate

Law; Legal

To inquire into (a situation or problem, especially a crime or death) thoroughly; examine systematically, especially in order to discover the truth.

Petitioner

Law; Legal

A person who files a complaint in an equity court, such as a divorce court, or who requests relief from an administrative body.

Divorce

Law; Legal

Dissolution of marriage is called as divorce or annulment in legal terminology.

Venue

Law; Legal

The place of the trial. When more than one court has subject matter jurisdiction, the selection of the court is called choice of venue.

Limited liability company (LLC)

Law; Legal

A noncorporate business whose owners actively participate in the organization's management and are protected against personal liability for the organization's debts and obligations.

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