Formal or the observance of a formality or recognized ceremony. Formal; in regular form; with all the forms of a proceeding. As to solemn "Form," see PROBATE. As to solemn "Oath" and "War," see the nouns. … [Read more...] about SOLEMN
SOLE POSSESSION
Ownership that is vested in a single person or party. … [Read more...] about SOLE POSSESSION
SOLE PROPRIETORSHIP
An informal business recognized by the law and is owned and managed by one person. For tax purposes, a husband and wife qualify as a sole proprietorship and for federal tax reporting, the business files taxes as part of the taxpayer's personal tax return. There are no legal formalities to set up a sole proprietorship although there still are requirements for tax registration … [Read more...] about SOLE PROPRIETORSHIP
SOLE PROPRIETOR
A business owner with no partners. An informal business organization which has unlimited personal liability. … [Read more...] about SOLE PROPRIETOR
SOHO
Small Office/Home Office … [Read more...] about SOHO