Examlex
Rollo is an attorney whose clients include Superior Company. If Rollo is negligent in his work for Superior, under the Restatement (Second) of Torts, Rollo may be liable to Superior and
Consent
An agreement or permission given by an individual knowingly and freely without any form of coercion.
Limited Partners
Investors in a limited partnership who are not involved in day-to-day management and whose liability is limited to their investment.
Limited LLC Member
An investor in a Limited Liability Company (LLC) who does not participate in its daily management and whose liability is restricted to the amount of their investment.
LLC Member
An individual or entity that owns a portion of a Limited Liability Company (LLC) and enjoys protection from personal liability for the company's debts and obligations.
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