Examlex
If you grant a nonpossessory interest to Eagle Logging to enter your land and remove timber from ten acres,you have granted Eagle a profit.
Capital Contributions
Monetary or non-monetary assets provided by an owner or partner to increase the capital of a company or partnership.
General Partnership
A business structure where two or more partners share unlimited liability for the debts and obligations of the business.
RUPA
The Revised Uniform Partnership Act, which is a modern guide for the governance of partnerships, aiming to harmonize and modernize partnership law.
Profits Earned
The monetary gains made by a business after accounting for all expenses, indicating the financial success of business operations.
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