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Full Partner
A member of a partnership who has full voting rights and shares in the profits and liabilities of the partnership.
Personal Bankruptcy
A legal proceeding for individuals unable to meet their financial obligations, allowing for the discharge of debts under specific conditions.
Fixed-Term Contract
An employment agreement for a specific period of time, after which it automatically terminates unless renewed.
Partnership Agreement
A legal document that outlines the terms and conditions under which a partnership operates.
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