Examlex
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Partner Dies
The event of a partner's death in a partnership arrangement, affecting the partnership's continuity and operational dynamics.
Business Expertise
Business expertise refers to the specialized knowledge and skills in managing and operating businesses effectively.
Limited Partner
A limited partner is an investor in a partnership who is not involved in day-to-day operations and whose liability is limited to the amount of their investment in the partnership.
Trust Funds
Financial structures set up to manage assets for the benefit of an individual or group, often with specific legal protections and objectives.
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