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Management Participation
The involvement or active engagement of management in the day-to-day operations and decision-making processes of a business.
Duty Between Partners
The obligations and responsibilities partners have towards each other in a partnership, including honesty, fairness, and loyalty.
Sole Proprietorship
A business structure in which a single individual both owns and operates the business, bearing unlimited liability for its debts.
Major Shareholder
An individual or entity that owns a significant percentage of a company's shares, exerting influence or control over its management.
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