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Limited Liability Company
A business framework that combines sole proprietorship or partnership tax benefits with the limited liability protection typical of a corporation.
Limited Liability
A legal structure that limits an owner's loss to the amount invested, protecting personal assets from business debts.
Partnership Activities
Activities involving two or more people or entities collaborating for a mutual goal, especially in a business context.
Salaries
Fixed regular payments made by employers to employees, typically expressed as an annual sum and paid in monthly or biweekly intervals.
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