Examlex
Keynes' revolutionary theories and policy recommendations focused primarily on the problem of
Pro Rata
In proportion; according to the calculated share or division.
Apparent Authority
A situation in which a reasonable person would understand that an agent had authority to act, even if the agent did not have actual authority.
Winding-up Partners
The process of closing down a partnership, involving settling its debts and distributing any remaining assets among the partners.
Partnership Agreement
A legal document outlining the terms and conditions under which a partnership operates.
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