Examlex
Equity theory is also known as
LLC Member
An individual or entity that owns a part of a Limited Liability Company and has certain rights and responsibilities as outlined in the LLC's operating agreement.
Dissociation
The process or condition of disconnecting or separating from an association, partnership, or relationship.
Mandatory Cause
A specific reason required by law that necessitates a particular action, such as the termination of an employment contract.
Dissolution
The process of formally ending or terminating an entity such as a corporation, partnership, or marriage, often involving the distribution or settlement of assets and liabilities.
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