Examlex
In the English language, we typically add the suffix 'ed' at the end of words to indicate the past tense. What aspect of syntax is this?
Operating Agreement
An agreement in which the members of a limited liability company set forth the details of how the business will be managed and operated.
Limited Liability Company
A company organization style that merges the protective limited liability of corporations with the advantageous pass-through taxation of sole proprietorships or partnerships.
State Law
consists of the laws and regulations enacted by the legislative bodies of individual states.
Passed Through
A term often used in finance and taxation to describe income, losses, or tax benefits transferred from one entity to another, such as in a pass-through entity.
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