Examlex
Describes the steps integrative negotiators can take to help their communication be a free exchange of information in which each party gains a clearer and deeper understanding of the situation.
Illegal Terms
Provisions in a contract or agreement that are not lawful or that violate legal statutes.
Pass-through Entity
A business structure where the entity itself pays no taxes on the business income, but this income is passed through to the individual owners, who pay personal income tax on it.
Taxpaying Entity
An individual, a company, or an organization that is legally obligated to pay taxes to a governmental authority.
Option of Partners
The right or ability within a partnership to make decisions or select alternatives regarding the business's operation or structure.
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