carry on trade or business


carry on trade or business
carry on trade or business
To conduct, prosecute or continue a particular avocation or business as a continuous operation or permanent occupation. The repetition of acts may be sufficient. To hold one's self out to others as engaged in the selling of goods or services. Helvering v. Highland, C.C.A.4, 124 F.2d 556, 561.
Term which has multiple meanings depending on the context, but it is commonly used in connection with the degree of activity of a foreign corporation in a given state and the consequent right of that state to regulate such enterprise and the exposure of such foreign corporation to suit within that state. In this connection, so called "long arm" statutes define what constitutes carrying on business

Black's law dictionary. . 1990.

Look at other dictionaries:

  • carry on trade or business — To conduct, prosecute or continue a particular avocation or business as a continuous operation or permanent occupation. The repetition of acts may be sufficient. To hold one s self out to others as engaged in the selling of goods or services.… …   Black's law dictionary

  • carry on trade — or business To conduct, prosecute or continue a particular avocation or business as a continuous operation or permanent occupation. The repetition of acts may be sufficient. To hold one s self out to others as engaged in the selling of goods or… …   Black's law dictionary

  • carry on trade — or business To conduct, prosecute or continue a particular avocation or business as a continuous operation or permanent occupation. The repetition of acts may be sufficient. To hold one s self out to others as engaged in the selling of goods or… …   Black's law dictionary

  • carry on business — carry on trade or business To conduct, prosecute or continue a particular avocation or business as a continuous operation or permanent occupation. The repetition of acts may be sufficient. To hold one s self out to others as engaged in the… …   Black's law dictionary

  • carry on business — carry on trade or business To conduct, prosecute or continue a particular avocation or business as a continuous operation or permanent occupation. The repetition of acts may be sufficient. To hold one s self out to others as engaged in the… …   Black's law dictionary

  • carry — I (succeed) verb accomplish, achieve, attain, be victorious, bring to pass, cause to happen, complete, culminate, effect, effectuate, gain, prevail, score, succeed, triumph, win associated concepts: carry a vote II (transport) verb bear, bring,… …   Law dictionary

  • trade — 1 n 1 a: the business or work in which one engages regularly b: an occupation requiring manual or mechanical skill c: the persons engaged in an occupation 2: the business of buying and selling or bartering commodities 3: an act or instance of… …   Law dictionary

  • trade — [trād] n. [ME, a track, course of action < MLowG, a track < OS trada, a trace, trail, akin to ME trede, TREAD] 1. Obs. a) a track; path b) a course; regular procedure 2. a) a means of earning one s living; occupation, work, or line of… …   English World dictionary

  • Business ownership within England and Wales — There are many ways in which a business may be owned under the legal system of England and Wales.Different types of ownership are suitable for organisations depending on the degree of control the owners wish to have over the business. The choice… …   Wikipedia

  • trade — I n. commerce, business 1) to carry on, conduct, engage in trade 2) to build up, develop, drum up, promote; lose trade 3) to restrain, restrict trade 4) (a) brisk, lively trade (they built up a lively trade) 5) fair trade 6) domestic; export;… …   Combinatory dictionary