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Statute Of Frauds
A legal requirement that certain contracts must be in writing to be enforceable.
Enforceable
Capable of being imposed or executed under law or legal authority.
In Writing
A contractual or legal requirement that stipulates information, agreements, or official statements must be documented in physical or electronic text form.
Limited Liability Partnership
A partnership where some or all partners have limited liabilities, protecting them from the debts of the partnership beyond their investment.
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