Examlex
All of the following are part of the Corporate Governance Code that was jointly isssued by the Ministry of Industry and Commerce with the Central Bank in Bahrain in 2010,except
Limited Liability Company
A Limited Liability Company (LLC) is a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.
Members' Ownership
Refers to the proportional interest or share that members have in an organization, cooperative, or partnership, reflecting their stake or investment.
Partnership Agreement
A legal document that outlines the rights and responsibilities of each partner in a business partnership, including profit sharing and decision-making processes.
General Partnership
A business structure where two or more individuals agree to share all assets, profits, financial and legal liabilities of a venture.
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