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When and Where Was the Limited Liability Company First Recognized

question 70

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When and where was the limited liability company first recognized as a form of business organization in the United States?


Definitions:

Speed

The rate at which an object covers distance, usually measured in units per time such as miles per hour or meters per second.

Estimate

An estimate is a rough calculation or judgment of the value, number, quantity, or extent of something.

Monthly Sales

The total amount of sales generated by a business during a calendar month.

Experience

The knowledge or skill acquired by direct participation in events or activities.

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