> Not really, because “company” is a generic term for any organization of people with a common business purpose independent of whether it has a distinct recogni

> Not really, because “company” is a generic term for any organization of people with a common business purpose independent of whether it has a distinct recognized legal recognition, existence, or treatment separate from the constituent individuals. This isn't really true. A company doesn't include the employees of the company, not the way I used it and not the way the parent used it. So it doesn't refer to a generic term for any organisation of people with a common business purpose. It really only refers to those which have some category of legal framework.