Examlex
Under the _________________Amendment the following are examples of punishments which are prohibited: a person convicted of armed robbery is sentenced to death; a person convicted of shoplifting is sentenced to life in prison; a minor is sentenced to life in prison for stealing a car; a person convicted of assault and battery is sentenced to death.
Winding Up
The process of dissolving a business, paying off debts, and distributing the remaining assets to shareholders or owners.
Apparent Authority
The power that a third party reasonably believes an agent has based on the principal's behavior, leading the third party to conclude that the agent is authorized to act.
Statement of Dissolution
A document filed to officially dissolve a business entity, such as a partnership or corporation.
Dissociation
The process by which a member's involvement in a partnership or an LLC is ended, altering the entity's structure or membership.
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