Examlex
Qualified privilege depends upon proper use of the privilege.
Withdrawal
The act of removing funds from a bank account, or taking capital out of a business by an owner for personal use.
Capital Interest
Interest attributable to the ownership or investment in a business entity or property, often reflecting the cost of financing the entity's assets.
Partnership Assets
Resources owned by a partnership that are used in the operation of the business and are subject to division among partners according to the partnership agreement.
Income Sharing
A financial arrangement where earnings are distributed among individuals or groups based on a predetermined formula or agreement.
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