Examlex
Which of the following are both intensional definitions?
LLLPs
Limited Liability Limited Partnerships, a form of business organization that offers both general and limited partners limited liability protection.
General Partner
A partner in a partnership who has unlimited liability and is responsible for managing the business.
Fiduciaries
Individuals or entities that hold a legal or ethical relationship of trust, requiring them to act in the best interest of the beneficiary.
Operating Agreement
A contract among the members of a Limited Liability Company (LLC) outlining the business's financial and functional decisions.
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