Examlex
Which is an example of horizontal communication?
Personal Liability
The legal responsibility of an individual to compensate for harm or damages their actions have caused, potentially affecting their personal assets.
LLP
Limited Liability Partnership, a legal entity where some or all partners have limited liabilities, protecting personal assets from business debts and liabilities.
State Statute
A written law enacted by a state legislature or other governing authority.
Limited Partnership
A form of business organization that has one or more general partners who manage the business and have unlimited liability for the obligations of the business and one or more limited partners who do not manage and have limited liability.
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