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Local government councils and similar authorities also set up locally controlled enterprises, such as water-supply companies and "local-authority trading enterprises" (LATEs) as separate corporations or as business units of the councils concerned. Government-owned businesses designated as crown entities include: Television New Zealand; Radio ...
Long-term agreements can be made to allow competing railroads access to potentially-profitable shippers or to act as a bridge route between otherwise disconnected sections of another railroad. A deal in which the owner grants only the right to run trains, not to stop for passengers or freight, is called overhead or incidental trackage rights.
A common carrier in common law countries (corresponding to a public carrier in some civil law systems, [1] usually called simply a carrier) [2] is a person or company that transports goods or people for any person or company and is responsible for any possible loss of the goods during transport.
Different types of ownership are suitable for organisations depending on the degree of control the owners wish to have over the business. The choice of ownership method also relates to the organisations ability to raise funds for the business activities. The ownership method also alters the rules under which the company must be administered.
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A contract of carriage is a contract between a carrier of cargo or passengers and the consignor, consignee or passenger. [1] [2] Contracts of carriage define the rights, duties and liabilities of parties to the contract, addressing topics such as acts of God and including clauses such as force majeure (removing liability for extraordinary occurrences beyond control of the parties).
An owner-operator is a small business or microbusiness owner who also runs the day-to-day operations of the company. Owner-operators are found in many business models and franchising companies in many different industries like restaurant chains , health care , logistics , maintenance, repair, and operations .
The National Exchange Carrier Association is a profit association created in 1984 by the Federal Communications Commission to administer the fees that long distance companies pay to access local telephone networks in the United States.
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