Examlex
Which of the following groups of terms are in the order of increasing intension?
Partnership Assets
Assets or property owned by a partnership entity, which are used for conducting its business activities.
Limited Liability
A legal principle that protects shareholders from being personally responsible for more than their investment in a corporation.
LLC
A Limited Liability Company (LLC) is a business structure in the United States that protects its owners from personal responsibility for its debts or liabilities.
Dissolution
The process of legally dissolving a corporation or partnership, ending its existence.
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