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Partnership Law
The branch of law that governs the operations, rights, and obligations of parties in a partnership, including the formation, management, and dissolution of partnerships.
Written Contract
A legally binding agreement between two or more parties, explicitly detailed in a written document rather than agreed upon orally.
Sole Proprietorship
A type of business enterprise owned and managed by one person, where there is no legal distinction between the owner and the business.
Advantages
Benefits or positive aspects of a particular situation, strategy, or choice.
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