Examlex
Instructions: Identify the terms and briefly state their historical significance.
Cologne and the Dresden raids
Remaining Partners
The partners who continue the business after one or more partners depart.
Dissolution
The process of formally ending or dissolving a business or partnership, often through legal means.
Liquidated
Process of converting assets into cash or to settle a debt.
Personal Liability
The responsibility of an individual to pay debts or damages from their own assets.
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