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Kyle is seeing, on a regular basis, a difference between current and expected performance levels. He should begin:
Formality
Specific procedures or ceremonial acts required by tradition, law, or other authority to validate acts, documents, or agreements.
Limited Liability
A legal principle that protects an owner or investor's personal assets from being used to satisfy business debts or claims.
RUPA
The Revised Uniform Partnership Act, which governs the operation of partnerships in the United States.
Co-owner
An individual or entity that shares ownership in an asset with one or more parties.
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