Examlex
How is the effectiveness of the government's attempts to manage Canada's economy measured? Briefly explain each tool.
Limited Partnership
A partnership structure where at least one partner has unlimited liability (general partner) and the rest have limited liability (limited partners), protecting them from debts beyond their investment.
Certificate of Limited Partnership
A legal document filed with a state by the general partners of a limited partnership that details the partnership's structure and operations.
Secretary of State
A high-ranking government official responsible for foreign affairs in the United States, or state government affairs in some U.S. states.
Limited Liability
A legal structure that limits the financial responsibility of an entity's owners or shareholders to the amount they have invested, protecting personal assets from business debts.
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