In economics, business is the social science of managing people to organize and maintain collective productivity toward accomplishing particular creative and productive goals, usually to generate revenue.
The etymology of "business" refers to the state of being busy, in the context of the individual as well as the community or society. In other words, to be busy is to be doing commercially viable and profitable work.
The term "business" has at least three usages, depending on the scope — the general usage (above), the singular usage to refer to a particular company or corporation, and the generalized usage to refer to a particular market sector, such as "the record business," "the computer business," or "the business community" -- the community of suppliers of goods and services.
The singular "business" can be a legally-recognized entity within an economically free society, wherein individuals organize based on expertise and skills to bring about social and technological advancement.
If the property was bequeathed to minors, the decision will be for them to take the parents or official guardians. When it comes to the apartment bought on a mortgage, the heirs to repay the loan jointly, in proportion to the share they received. It is obvious that the refusal of the inheritance in favor of third parties to transferred liabilities and the payment of the loan. And when the amount of own funds is not enough, in this case people suffering from creditmany, begin to contact the banking organization. It is very often the emotions come across and the young people that get consumer loans only to show off to friends expensive smartphone or tablet and then be repaid over 3-5 years credit for a toy, the activities of which they do not even use half.