Examlex
The English philosopher John Locke formulated one of the most influential theories of contractual government by introducing the idea of popular sovereignty.
Winding Down
The process of gradually reducing operations or activities in a business, often in preparation for its closure.
Fiduciary Duty
A legal obligation of one party to act in the best interest of another when managing assets or financial matters.
Revised Uniform Limited Partnership Act
A standardized set of laws intended to govern limited partnerships across states, aiming to provide a consistent legal framework for their creation, operation, and dissolution.
Dissolved
The process of officially ending the existence of a legal entity, such as a corporation or partnership.
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