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Partner Dies
This term refers to the event when a member of a partnership passes away, potentially affecting the operation and structure of the partnership depending on the partnership agreement and laws governing partnerships.
Remaining Partners
The members of a partnership who continue with the business after one or more partners have exited or been removed.
Original Capital
The initial amount of money invested in a business by its owners or shareholders to start and operate the enterprise.
Net Loss
The financial condition indicating that a company's total expenses exceed its revenues over a specific period.
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