Examlex
In order to find a ballpark in a strange town, a player stops at a local gas station to get directions. The attendant tells the player, "Go to the stoplight, take a right, go two blocks, take a left, and the park will be a mile down the road on the left." The player then gets in her car and tries to remember the directions while driving to the park. The player is demonstrating the use of:
General Partnership
A business partnership where all partners share unlimited personal liability for the business's debts and obligations.
Taxed
To impose a financial charge or levy upon an individual or entity by a governmental organization.
Corporate Level
Refers to the highest level of strategic decision-making and planning in a business organization.
Primary Market
The financial market where new securities are issued and sold by companies and governments for the first time.
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