Examlex
A current liability is a debt the company reasonably expects to pay from existing current assets within
Equal Rights
refers to the principle of granting all people the same legal rights, without discrimination on the basis of characteristics such as race, gender, or religion.
General Partnership
A type of business partnership where two or more partners share unlimited liability for the debts and obligations of the business.
Fiduciary Duty
A legal obligation of one party to act in the best interest of another, typically within a trustee-beneficiary, advisor-client, or director-shareholder relationship.
UPA
The Uniform Partnership Act, a law in the United States that provides a basic framework for the operation of partnerships.
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