Examlex
Benny has a heart attack while riding a crowded city bus and nobody on the bus attempts to help him. This exemplifies
Partnership Losses
Financial setbacks attributed to the operational or investment activities of a partnership that are shared among the partners according to their agreement.
Capital Contributions
Monetary or non-monetary assets provided by an owner or partner to increase the capital of a company or partnership.
General Partnership
A business structure where two or more partners share unlimited liability for the debts and obligations of the business.
RUPA
The Revised Uniform Partnership Act, which is a modern guide for the governance of partnerships, aiming to harmonize and modernize partnership law.
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