Examlex
Discuss theory development over the past four decades.
Liability
The state of being legally responsible for something, particularly in terms of debts or legal obligations.
Partnership
An authorized business arrangement where two or more partners share both the administration and the profits.
Dissolution
The closure or termination of an entity's existence, such as a corporation or partnership.
UPA
Uniform Partnership Act, which is legislation adopted by various states in the USA to govern partnership formation and operation.
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