Examlex
Discuss why a business owner would form a limited partnership instead of a general partnership.
Personal Nature
relates to characteristics or matters that are primarily concerning or affecting an individual rather than a broader group or organizational level.
Expressly Agree
To explicitly consent to or acknowledge something, typically in a clear and unequivocal manner.
Validly Assigned
Legally transferred or delegated to another party, in the context of rights, duties, or properties, in accordance with applicable laws and agreements.
Incidental Beneficiary
A third party who unintentionally benefits from a contract between two other parties, without having legal rights to enforce the contract's terms.
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