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The seniority rule avoids which of the following two unwelcome alternatives in legislative organization?
Current Partners
Individuals who are actively involved in a partnership at the present time, sharing responsibilities, profits, and losses.
Partnership Books
The official financial records and accounts kept by a partnership, detailing transactions, assets, liabilities, and equity.
Assignment
The transfer of rights, property, or responsibilities from one party to another.
Dissolution
The process of formally closing or ending a business, organization, or partnership, typically involving the distribution of its assets.
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