Examlex
When a good is both rivalrous and nonexcludable the:
General Partner
An owner of a partnership who has unlimited liability and is responsible for the management of the business.
Registered Partnership
A legally recognized form of partnership which is registered with the appropriate government authorities.
Limited Liability
The condition where a company's owners or shareholders are legally responsible for its debts only to the extent of the capital they invested.
Partnership Control
Partnership control refers to the governance or directive influence exercised by partners in a partnership, affecting decision-making and operations.
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