Examlex
Which of the following is included when using the income method to measure GDP?
Partnership
A legal form of business operation between two or more individuals who share management and profits or losses.
Operating Agreement
An operating agreement is a legal document outlining the governance and business operations of an LLC (Limited Liability Company).
Limited Liability Company
An organizational framework that blends the individual tax reporting features of partnerships or sole proprietorships with the reduced personal legal responsibility found in corporations.
Withdraw
The act of pulling back or removing oneself or one's assets from a situation, investment, or commitment.
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