Examlex
The best example of cascade (or hierarchical) diffusion is the spread of
Fiduciary Duties
Obligations one party has to act in the best interest of another party, such as a trustee towards a beneficiary.
General Partner
A type of ownership in a partnership where the general partner is responsible for the management of the partnership and is personally liable for its debts.
Limited Partnership
A partnership where some members have limited liabilities to the amount they invest, while at least one partner has unlimited liability.
Extinguishing
The act of putting an end to something, such as extinguishing a debt, a legal obligation, or a fire.
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