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.

Look at other dictionaries:

  • transacting business — Term as used in statute providing that no foreign corporation transacting business in State without a certificate of authority shall maintain an action in State if it has not obtained a certificate of authority, is not susceptible of precise… …   Black's law dictionary

  • 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

  • business — I (affair) noun activity, concern, duty, interest, matter, mission, proceeding, proposition, responsibility, task, undertaking foreign phrases: Allena negotia exacto officio geruntur. The business of another is to be carried out with particular… …   Law dictionary

  • 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

  • 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

  • Business judgment rule — The business judgment rule is an American case law derived concept in Corporations law whereby the directors of a corporation . . . are clothed with [the] presumption, which the law accords to them, of being [motivated] in their conduct by a bona …   Wikipedia

  • Transacting — Transact Trans*act , v. t. [imp. & p. p. {Transacted}; p. pr. & vb. n. {Transacting}.] [L. transactus, p. p. of transigere. See {Transaction}.] To carry through; to do; perform; to manage; as, to transact commercial business; to transact business …   The Collaborative International Dictionary of English

  • business suit — /ˈbɪznəs sut/ (say biznuhs sooht) noun a suit (def. 2 or 3), generally conservative and considered suitable to be worn during the transacting of business …   Australian English dictionary

  • Massachusetts business trust — Companies law Company  …   Wikipedia


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