Secondly, in China, foundations are consortia of enterprises.
Enterprise legal person, also known as corporate human partnership organization, refers to a legal person based on the combination of people, that is, "human organization." Gray, an American scholar, gave a classic definition of enterprise: an enterprise is a group of organized people endowed by the state with the power to protect its interests, and the will to promote these rights is based on the will of some people determined by the organization of the enterprise.
A consortium legal person, also known as "purpose property", is a legal person based on a certain purpose property. The form of consortium legal person is non-member, characterized by independent special property, so it is called "the aggregate of property with certain purpose". There is no distinction between societies and consortia in Britain, and there is a trust system to replace the social functions of consortia. Therefore, Gray once said: "The usual form of a legal person is an association. In fact, associations are the only legal persons known in common law. "
A foundation refers to a non-profit legal person established for the purpose of engaging in public welfare undertakings by using the property donated by natural persons, legal persons or other organizations in accordance with the provisions of these regulations.
After cutting short positions and cutting long positions, Tesla finally became a shura market in the stock market.