Examlex
The OTHERWISE is a catchall choice when there are no other matches in the case logic structure.
Partnership Capital
The total amount invested by all partners in a partnership, representing their ownership interest.
Income-sharing Ratio
The pre-agreed proportion in which partners or stakeholders share the generated income or losses.
LLP
A legal structure for a business that provides the owners with limited liability protection, typically used by professional services firms.
Net Income
The total profit of a company after all expenses and taxes have been deducted from revenues.
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