Examlex
Monasticism took a long time to eventually be adopted in the West.
General Partnership
A type of business partnership where two or more partners share unlimited liability for the debts and obligations of the business.
Fiduciary Duty
A legal obligation of one party to act in the best interest of another, typically within a trustee-beneficiary, advisor-client, or director-shareholder relationship.
UPA
The Uniform Partnership Act, a law in the United States that provides a basic framework for the operation of partnerships.
Full Capacity
The maximum level of output that a company can sustain to make a product or provide a service under normal circumstances.
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