Examlex
During her interview,Angela is told by her future manager that if she is a good worker she will have a permanent job with the company.Her manager has likely created an implied contract with Angela.
Ex-Partner
Describes a person who was formerly in a romantic or business partnership with someone.
Liability
The legal responsibility or obligation one party has towards another, particularly in the case of negligence or breach of contract.
Partnership Exists
A business arrangement where two or more persons agree to share in all assets, profits, and financial and legal liabilities of a venture.
Joint Interest
A shared ownership interest among parties, typically in business contexts or real property, where all parties share in the profits, losses, and responsibilities.
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