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The Following Developments in CT Were Introduced During the Period

question 2

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The following developments in CT were introduced during the period between 1973 and 1983 except:


Definitions:

Partnership

A form of business conduct legally established among at least two partners with shared responsibilities and profit distribution.

Debts

Money owed by one party to another under an agreement that the amount will be paid back, often with interest, by a certain date.

Limited Partnership

A partnership consisting of one or more general partners and one or more limited partners.

Sole Proprietorship

A business structure where a single individual owns and operates the business, responsible for all its debts and liabilities.

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