Examlex
In OH&S terminology, which of the following is a person or company that oversees the construction of a project and is ultimately responsible for the health and safety of all workers?
Limited Partnership
A form of partnership consisting of at least one general partner, who manages the business and has unlimited liability, and one or more limited partners, who have limited liability.
Managerial Powers
The authorities vested in managers of an organization to make decisions, guide operational practices, and direct the workforce towards achieving the firm's objectives.
Buyout Clause
A contractual provision allowing for the purchase of a particular asset or the stake of a business partner under predefined circumstances.
Limited Partnership
A partnership arrangement where some partners have limited liability to the extent of their investment, while others have full liability.
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