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Topic: Business
Number of pages / Number of words: 38 / 10599
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Default rule prohibits admitting new partners w/o unanimous agreement of the partners.

5. Management and Control

a. Each partner has equal management role.

b. Each partner may bind the partnership to debts/liabilities/contracts.

iii. Limited Liability Partnership: Primarily for professional corporations (accountants, lawyers, doctors)...


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Prohibited from incorporating by state law.

iv. Limited Liability Company-An LLC is a hybrid entity between a corporation and partnership. Like a partnership, the members of the LLC provide capital and manage the business according to their agreement. Both members and partners of LLC can participate in all business decisions w/out incurring personal liability...


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David Korten's "when Corporations Rule The World" When Corporations Rule The World Arundel Partners Case Arundel Partners Arundel Partners: The Sequel Project Credit Default Swaps in Emerging Markets Fox Venture Partners Hal Riney & Partners, Inc In Determining Whether There Is An Agreement Between Parties, Is English Law Commited To An Objective View Of Agreement? Management systems: Behavior control and Output control Managment Accounting, Financial Control, Management Control, Strategic Management Accounting (Sma) Palamon Capital Partners/TeamSystem Siblings And Business Partners Admitting to a mistake Arundel Partners Case Analysis

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