Examlex
In most statutes granting an accountant-client privilege,it belongs to the client and not to the accountant.
Limited Partners
Investors in a partnership who are not involved in the daily operations of the business and whose liability is restricted to the amount of their investment.
Co-owners
Individuals or entities that hold ownership rights together in a property or asset, sharing the benefits as well as responsibilities.
Sole Proprietorship
A business structure where a single individual owns and operates the business, making them solely responsible for its debts and liabilities.
Dissolves
The act of officially ending the existence of an entity such as a corporation, partnership, or marriage.
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