Examlex
Which of these is defined as the practice of simultaneously purchasing and selling an asset in different forms or markets to take advantage of an imbalance in price?
Limited Liability Company
A corporate entity framework that marries the limited liability protections of a corporation with the tax flow-through benefits of partnerships and sole proprietorships.
Membership
The state of being a member or part of a group, organization, or society, often with specific rights and responsibilities.
Dissociation
The process by which a member's involvement in an entity, such as a partnership or limited liability company, ends.
Duty of Care
A legal obligation to avoid actions or omissions that could foreseeably harm others.
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