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Changes in balance sheet accounts are necessary for
Uniform Franchise Termination Act
A legal statute that standardizes the process and conditions under which a franchise relationship can be terminated.
Limited Partnership
A business structure where at least one partner is liable only to the extent of the amount of money they have invested.
Limited Partners
Investors in a partnership who have limited liability to the extent of their investment and typically do not partake in the day-to-day management of the business.
General Partners
are owners of a partnership who bear unlimited liability for the debts and obligations of the business.
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