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Carefully explain the result of the Great Compromise.
Uniform Limited Liability Company Act
A comprehensive statute that provides a legal framework for the formation, operation, and dissolution of limited liability companies (LLCs) in the United States.
LLCs
Limited Liability Companies; a flexible form of enterprise that blends elements of partnership and corporate structures, offering limited liability protection to its owners.
Limited Partnership Origin
The beginning or establishment of a partnership structure where there are one or more general partners with unlimited liability, and one or more limited partners with liability limited to the amount of their investment.
Europe
A continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere.
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