Dictionary of Legal Terms
What's a General Partnership?
An unincorporated business owned by more than one person, where all of the partners share equally in the management, profits and losses.
See Also: General Partners
What are “Classes of Interests” in an LLC Operating Agreement?
It’s important to understand your LLC's “Classes of Interests”, since they affect your company's ownership structure and members’ rights.Aug. 20, 2019
DBAs for Unincorporated Businesses
DBAs are utilized by both incorporated and unincorporated businesses, but are most commonly associated with unincorporated businesses.June 10, 2019
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