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General Partner
An individual in a partnership who is fully liable and actively participates in the business's management.
Partnership Agreement
A written agreement between partners in a business that outlines the terms of the partnership, including contributions, responsibilities, and how profits and losses will be shared.
Dissolution
The closing down or dismissal of an assembly, partnership, or official body.
Authorized Purchases
Transactions that have been approved or are within the purchasing rights granted to individuals or entities by an organization or authority.
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