Examlex
If a note is payable in thirty days, payment is due by midnight on the thir?tieth day.
LLP
Refers to a Limited Liability Partnership, a business structure where partners have limited liabilities and the partnership has elements of both partnerships and corporations.
Liable
Legally responsible or obligated, particularly in the context of debts or legal judgements.
Wrongful Dissociation
An unlawful separation or removal of a partner from a partnership contrary to the terms of the partnership agreement or statutes governing partnerships.
Custodian
An entity responsible for the safekeeping, care, and maintenance of assets or property on behalf of its owner(s) or a designated beneficiary.
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