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A Slide Master ________

question 39

Multiple Choice

A slide master ________.


Definitions:

General Partnership

A business arrangement where two or more individuals share ownership, as well as the profits, liabilities, and management duties.

Formality

Specific procedures or ceremonial acts required by tradition, law, or other authority to validate acts, documents, or agreements.

Limited Liability

A legal principle that protects an owner or investor's personal assets from being used to satisfy business debts or claims.

RUPA

The Revised Uniform Partnership Act, which governs the operation of partnerships in the United States.

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