Examlex
Genetic drift
General Partner
An entity or individual responsible for the everyday operations of a partnership, fully liable for its obligations and debts.
Liability
The condition of being officially accountable for something, particularly regarding financial debts or legal duties.
False Statements
Deliberately untrue declarations made with the intent to deceive or mislead.
Limited Partnership
A partnership arrangement where some partners have limited liability for the debts of the business, contributing only to the extent of their investment.
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