Lexis revision: * a form of business ownership in which one individual owns a business * the tax to be paid by the company because of its profits * the kind of legal responsibility the sole proprietor has * primary purpose of business corporations for their existence * a corporate structure consists of * the process by which a company is formed is called * the rights and liabilities of a company are referred to as * a company is formed when it obtains . * the persons who developed the idea of forming a corporation are * právní subjekt * právnická osoba * právní subjektivita * an official who issues certificates and is responsible for safe custody of documents, etc. * a document made by the solicitor engaged in the formation of a company * the state or condition of a person (natural or legal) who is unable to pay the debts as they are, or become due * various types of proceedings that are initiated either by an insolvent individual or business or by creditors * the condition of a person or business that is insolvent * any proceedings intended to liquidate or rehabilitate the estate of the person involved * a person appointed for the protection of the debtor´s property