Examlex
If an employee's hours are substantially reduced, COBRA ensures the employee can continue receiving benefits under the employer's policy.
Personal Use
Refers to the utilization of goods, services, or assets for individual, non-commercial purposes.
Dissolution
The process of formally closing or ending a business entity, involving the distribution of its assets and settling of liabilities.
Partnership
A lawful business structure operated by two or more people who equally manage the business and share its earnings.
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