Examlex
A(n) __________ is a religious organization that is so integrated into the dominant culture that it claims as its membership all members of a society.
Membership occurs as a result of being born into the society,rather than by any conscious decision on the part of individual members.
Limited Partnership
A business arrangement with at least one general partner managing the business and responsible for its debts, and one or more limited partners whose liability is restricted to their investment.
Transferable Interest
An interest in an entity, such as a partnership, that can be transferred or sold from one party to another.
Members
Individuals or entities that are part of a group or organization, such as a corporation, partnership, or any association who may have certain rights, duties, and obligations within the organization.
LLC
A limited liability company, which is a business structure in the US that offers its owners (members) protection from personal liability for its debts and obligations.
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