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Landrum voluntarily assigns his transferable interest in a partnership to McClendon. This act does not by itself result in the dissolution of the partnership, nor does it result in McClendon's being entitled to participate in the management of the partnership business.
Narrowing Significantly
The process of becoming considerably more focused or reduced in scope.
Direct Foreign Investment
Investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.
Technological Knowledge
The information and understanding related to the practical application of tools, machines, materials, and processes used to solve problems or invent new products.
World's Income
The total income generated by all individuals and entities across the globe, often used in comparisons of wealth and economic performance between countries.
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