Examlex
"Creating a free market for carbon-dioxide emission permits would only encourage firms to pollute more." Do you agree or disagree? Why?
Limited Partners
Individuals or entities that invest in a partnership without taking part in its management and are only liable up to the amount of their investment.
Dissociated Limited Partner
A person who has ceased to be involved in a limited partnership either through withdrawal, expulsion, or another mechanism outlined in the partnership agreement.
Management Powers
Refers to the authority given to managers or directors of a corporation or organization to make significant decisions in the day-to-day operations.
Limited Liability
A legal principle that shields an investor's personal assets from the debts and liabilities of the company, limiting loss to the amount invested.
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