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Beneficence is the ethical principle that requires that we:
Provincial Partnership Acts
Statutes enacted by provincial governments in Canada that govern the formation, operation, and dissolution of partnerships.
Unlimited Liability
A legal structure where business owners are personally responsible for all of the business's debts, without limitation to their personal assets.
Partnership Assets
Assets owned by a partnership, which are used in the operation of the business and are subject to the rights and interests of the partners.
Debts
Money that is owed or due to another individual or entity.
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