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What are three challenges of working in virtual groups?
LLP
Limited Liability Partnership, a partnership where some or all partners have limited liabilities, protecting individual partners from the debts of the partnership.
Net Income
The amount of profit that remains after subtracting all the costs, taxes, and expenses from total revenue.
Capital Account Balance
The amount recorded in a company's capital account, representing the net worth or equity of the owners in the business.
Partnership Capital
The total amount invested by all partners in a partnership, representing their ownership interest.
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