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LSDefine

Simple English definitions for legal terms

name partner

Read a random definition: infiduciare

A quick definition of name partner:

A name partner is a person whose name appears in the name of a partnership. They are one of the owners of the business and share in the profits and risks. There are different types of partners, such as general partners who are involved in the daily operations of the business and are personally responsible for the partnership's debts, and limited partners who only receive profits and are not involved in managing the business. A silent partner is a type of partner who shares in the profits but does not have an active role in managing the business. A name partner is important because their name is associated with the partnership and can help attract clients or investors.

A more thorough explanation:

A name partner is a type of partner in a business who has their name included in the name of the partnership. They are also known as a named partner or title member. This partner is usually a senior member of the business and has a significant role in the management of the company.

For example, Mr. Tibbs is a name partner in the accounting firm of Gibbs & Tibbs. This means that Mr. Tibbs is a senior member of the accounting firm and has a significant role in the management of the company.

The example illustrates that a name partner is a senior member of the business who has their name included in the name of the partnership. They have a significant role in the management of the company and are usually responsible for making important decisions.

namely | namium

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Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
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