Examlex
Explain the two key concepts relating to health insurance and why they are important.
LLC
Limited Liability Company, a flexible form of business enterprise that blends elements of partnership and corporate structures, providing limited liability to its owners.
Distributed First
A priority method in which resources or items are distributed initially before other actions are taken.
Transferee
A person or entity to whom rights, interests, or titles are transferred from another party.
Transferable Interest
An interest in an entity, such as a partnership or LLC, that can be transferred or sold to another party.
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