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Davis throws a dagger at Smith,intending to kill him.However,the dagger misses Smith and strikes the hat on Potter's head.The dagger does not make contact with Potter's body.Unharmed but finding the whole thing offensive,Potter sues Davis for battery.Which of the following is most true?
Contract Between Partners
A legal agreement that outlines the rights, responsibilities, and share of profits/losses among partners in a partnership.
Distribution Of Remaining Cash
The allocation of left-over cash to shareholders or for other corporate purposes after settling all obligations and investments.
Liquidation
Liquidation is the process of selling off a company's assets to pay off its debts and liabilities, typically occurring when a company is insolvent or ceasing operations.
Mutual Agency
A principle of partnership where each partner is both an agent and a principal, legally authorized to make business decisions and transactions that can bind the partnership.
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