Examlex
Which of the following is not a major approach used to deal with breakdowns?
LLP Statutes
Laws that govern Limited Liability Partnerships, providing rules on formation, operation, and liabilities of partners in an LLP.
RUPA
The Revised Uniform Partnership Act, which is legislation adopted by various states in the United States to regulate the operations of partnerships.
Liability
Legal responsibility for one's actions or for a device, product, or process that can cause harm, leading to the obligation to make restitution.
Implied Authority
The power of an agent to perform acts that are reasonably necessary to accomplish the purpose of an agency agreement.
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