Examlex
For the following reaction identify the acid and the base and predict the products. Draw the curved arrow mechanism for the formation of products and predict the direction of the equilibrium.
General Partner
A member of a partnership who has unlimited liability and takes part in the daily operations of the business.
Taxed
Subjected to a financial charge or levy by a governmental organization in order to fund various public expenditures.
S Corporation
A close corporation whose shareholders have elected to be taxed essentially like partners are taxed under federal income tax law. Also called subchapter S corporation.
Limited Partnership
A partnership structure where at least one partner has unlimited liability, and at least one partner has limited liability.
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