Examlex
Which of the following is one of the four main categories of BI benefits?
Natural Person
A living human individual recognized by law as having rights and obligations, as opposed to a legal entity like a corporation.
Limited Partnerships
A form of partnership consisting of one or more general partners, who manage the business and are personally liable for its debts, and one or more limited partners, who contribute capital and share profits but take no part in running the business and incur no liability beyond their investment.
Good-faith Effort
An honest attempt or endeavor made in a sincere and honest effort, without intent to defraud or seek unfair advantage.
Defective Merchandise
Products that are flawed or malfunctioning and do not meet the warranted or expected standard of performance or safety.
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