In some circumstances, the principles of partnership law may be applied to a limited liability company. Should
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Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
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Reasons to apply these principles to other entities inc...View the full answer
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Related Book For 
Business Law Today The Essentials Text and Summarized Cases
ISBN: 978-1305574793
11th edition
Authors: Roger LeRoy Miller
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