Examlex
Trials of a simulation show what would happen when values of the probabilistic input change.
Liability
Refers to the state of being legally responsible for something, such as a debt or obligation.
Agent
An individual or entity authorized to act on behalf of another, typically in a business or legal capacity, entering into agreements or making decisions.
Fiduciary Duties
Obligations one party has to act in the best interest of another party, such as a trustee towards a beneficiary.
General Partner
A type of ownership in a partnership where the general partner is responsible for the management of the partnership and is personally liable for its debts.
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