Examlex
Explain the Abilene Paradox.
Limited Partnership
A partnership with general and limited partners.
Limited Liability
A legal structure that protects a company's owners or investors from being personally liable for the company's debts or liabilities beyond their investment in the company.
Partners
Individuals who share ownership of a business entity and are mutually obligated to the entity's liabilities and operational decisions.
Rights Of Partners
Rights of partners pertain to the entitlements and privileges granted to members of a business partnership, such as sharing profits, management participation, and access to information.
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