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Discuss the factors a firm should consider when deciding whether to make, buy, or lease components.
Uniform Partnership Act
A statute that sets standard rules for the formation and operation of partnerships in the United States to ensure consistency and fairness.
Limited Liability Companies
A commercial entity that unites the individual or partnership tax pass-through with the corporation's benefit of limited liability.
Members
Owners of a limited liability company.
Articles of Organization
Legal documents filed with a state government to officially start a limited liability company (LLC) and outline its structure and operation.
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