Instead, pass-throughs are any of several business, partnerships, limited liability or sole proprietorships, where the business is not taxed on its own, no corporate tax.
At some point, all of those companies were sole proprietorships with one employee or a few employees that were building a technology that was not yet proven.
This means the proprietor receives all the profits, but must also pay all the debts of the business.Also, any legal action against an individual proprietorship is taken against the owner.
The attitude was so full of a classic grace that a murmur of appreciation followed her appearance, and Archer felt the glow of proprietorship that so often cheated him into momentary well-being.