Examlex
Which of the following is NOT true regarding the stakeholder capitalism model?
LLC
A Limited Liability Company (LLC) is a business structure in the United States that protects its owners from personal responsibility for its debts or liabilities.
Dissolution
The process of legally dissolving a corporation or partnership, ending its existence.
Partnership
A business structure where two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.
Wrongful Dissolution
A partnership dissolution that violates the partnership agreement.
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