Examlex
Define the six categories into which computers are generally classified.
Partnership Debts
Liabilities that are owed by a partnership, which are the joint responsibility of the partnership's members.
Mutual Agency
A legal principle in partnerships where each partner has the authority to act on behalf of, and bind, the partnership in contractual agreements.
Unlimited Liability
Partners may be personally liable for debts of the partnership.
Limited Risk
Financial exposure that is knowingly restricted or minimized in investments or business operations.
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