Examlex
Making a sports team run several laps around an athletic field would potentially be an example of punishment.
Partnership Creditor
A creditor that has a claim against the assets or earnings of a partnership, often arising from debts or obligations of the partnership.
Contract Obligation
A legal duty under a contract that a party must fulfill as part of the contractual agreement.
Dissolution
The process by which a company's existence is legally terminated.
Termination
The act of ending or concluding something, such as a contract, employment, or agreement.
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