Examlex
Why does it take so long for the declaration of the beginning and end of recessions in the
U.S. and why is there a lack of clarity as to what is and is not a recession?
Partnership
A lawful business structure where two or more people jointly manage and share the earnings.
Consignment Store
A retail store that sells items on behalf of the owner, paying them a portion of the sales proceeds.
Partnership Agreement
A legal document that specifies the rights, obligations, and responsibilities of each partner in a business partnership.
Initial Investment
The initial amount of money put into a project, asset, or venture to start it or acquire it.
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