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If X and Y Are Two Variables with ,And

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If X and Y are two variables with If X and Y are two variables with   ,and COV(X,Y)= 14.703,then the coefficient of correlation ρ = 0.78. ,and COV(X,Y)= 14.703,then the coefficient of correlation ρ = 0.78.


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Obligations

Duties or commitments that are legally binding, arising from contract law, statute, or other legal requirements.

Partnership Agreement

A contract between partners in a business that outlines the rights, responsibilities, and proportions of ownership among them.

Classes Of Partners

Refers to the various types of partnership roles in a business, such as general partners, limited partners, and managing partners, each bearing different degrees of liability and responsibility.

Unlimited Liability

A legal obligation where a business owner or investor is personally responsible for all the debts of the business, without any limit on the amount they can be required to pay.

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