Examlex
Because of the potential effect of inflation, individuals should underestimate the amount of money needed for retirement.
Limited Liability
A legal structure that limits the personal liability of the owners and shareholders of a company for the company's debts and actions.
Share Transferability
The ease with which shares of a company can be transferred or sold from one party to another.
Partnership
A legally recognized form of business where more than one individual partakes in managing and profit-sharing.
Ownership Rights
Legal rights that confer the ability to use, manage, and enjoy the benefits of an asset or property.
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