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A recent Supreme Court ruling on affirmative action held that:
Limited Liability
A legal structure that limits an owner's loss to the amount invested in a company, protecting personal assets from the company's debts and obligations.
Partnership Interest
The share or portion of ownership that a partner has in a partnership, often reflected in the percentage of the business's profits or losses they receive.
Government Regulations
Laws and rules established by governments to control and guide the activities of businesses and individuals in order to ensure public safety, fairness, and compliance.
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