Examlex
Does correlation always imply causation? Why or why not? Explain with the help of real-life examples.
RULLCA
The Revised Uniform Limited Liability Company Act that governs the formation, operation, and dissolution of LLCs in states that have adopted it.
Merge
The combination of two or more entities into a single entity, in which one entity absorbs the others and their assets and liabilities.
Apparent Authority
A situation where a reasonable person would understand that an agent had authority to act, even if the agent did not have actual authority.
Limited Partnership
A partnership consisting of one or more general partners who manage the business and are personally liable, and one or more limited partners whose liability is restricted to their investment.
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