Examlex
What is the term for the control and regulation of people through practices and knowledges applied to different social institutions, such as schools and prisons?
Partnership Debts
Liabilities that are owed by a partnership, which are the joint responsibility of the partnership's members.
Mutual Agency
A legal principle in partnerships where each partner has the authority to act on behalf of, and bind, the partnership in contractual agreements.
Unlimited Liability
Partners may be personally liable for debts of the partnership.
Limited Risk
Financial exposure that is knowingly restricted or minimized in investments or business operations.
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