Examlex
An obligor may assert rights of setoff arising out of entirely separate matters that he might have against the assignor, as long as the matters arose before he had notice of the assignment.
Professionals
Individuals who possess specialized knowledge or skills in a particular field, often requiring certification or licensing.
Management Flexibility
The ability of a business's management team to adapt to changes or challenges in the operating environment, including strategic decision-making.
Personal Liability
The legal responsibility of an individual to compensate for harm or damages their actions have caused, potentially affecting their personal assets.
LLP
Limited Liability Partnership, a legal entity where some or all partners have limited liabilities, protecting personal assets from business debts and liabilities.
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