Examlex
Browser-based applications ________.
Unlimited Life
A characteristic of corporate entities indicating they can continue to exist indefinitely, beyond the lives of their owners or members, unless dissolved.
Mutual Agency
The principle in a partnership where each partner is empowered to commit the firm to a contract within the scope of the business’s operations.
Co-Ownership
A legal arrangement where two or more parties hold property rights simultaneously in the same asset or property.
Capital Interest
The share of ownership a partner has in a partnership, often represented as the value of their investment.
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