Business Assets
The undertaking and assets of an economic entity - as distinct from a company, are known as business assets. It is not a distinct legal person and its components e.g. goodwill, plant, contracts etc.
business assets;
property exempted under a marriage contract or separation agreement; (and)
real and personal property acquired after separation unless the spouses resume cohabitation.' ...
the use of borrowed money to purchase real estate or business assets, usually involving money equaling a high percentage of the value of the purchased property. 2) v.
Bulk Sales Law A law that regulates the transfer of business assets so that business owners cannot dispose of assets in order to avoid creditors.
they are like business assets as they help the companies in creating the reputation of their products with that of its competitors.It helps the consumers to identify the products and avoids confusion.
Personal liability: The obligation to pay business-related debts from an owner's personal, non-business assets.
Personal property: All property, except real estate, that can be owned; includes money, jewelry, vehicles, stocks, copyrights, etc.
 See also: Assets, Law, Order, Notice, Information
  
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