Examlex
It's just as important to generate employee enthusiasm about a product as it is to attract potential customers.
Limited Partners
Investors in a limited partnership who provide capital but have limited liability and are not involved in day-to-day management.
Admission
A statement made in court, under oath, or at some stage during a legal proceeding, in which a party against whom charges have been brought admits that an oral contract existed, even though the contract was required to be in writing.
General Partners
Owners of a partnership who have unlimited personal liability for the debts of the business and participate in its operations.
Limited Liability
A legal principle that limits the amount of financial risk and responsibility of investors or partners in a company to the amount of their investment.
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