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Limited Liability Partnerships (LLPs)
A form of partnership in which some or all partners have limited liabilities, protecting personal assets from business debts and liabilities.
Incorporation
The process of legally defining a company as a separate entity from its owners, providing limited liability and other benefits.
Provincial Legislation
Laws and regulations enacted by the legislative bodies of provinces or territories within a federal system, addressing regional matters.
Actual Authority
The express and implied powers given to an agent by a principal, allowing them to make legally binding decisions on the principal’s behalf.
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