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-On the Origin of Species
Winding Up Process
The procedure of settling the accounts and liquidating the assets of a company for the purpose of distributing the net assets to shareholders and dissolving the business.
Dissolution
The process of formally ending or dissolving an entity such as a business or partnership.
Competing Business
A company or enterprise that operates in the same industry or market as another and vies for the same set of customers.
Uniform Partnership Act
A standard set of laws adopted by states to regulate business partnerships, aiming at consistency across jurisdictions.
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