Examlex
Match each definition to the correct term
-A chart showing the genetic connections among individuals in a family.
Limited Partnership
A partnership structure where at least one partner has unlimited liability, and at least one partner has limited liability.
Personal Liability
The responsibility of an individual to bear the financial costs associated with damages or debt from their actions or business dealings.
Sole Proprietorship
A business owned and operated by one person, who is solely responsible for its liabilities and entitled to its profits.
Legal Entity
An organization or system that has its own legal identity, allowing it to own property, enter into contracts, and be sued or sue.
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