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What are the characteristics of a partnership?
If the partnership is a general partnership, all partners assume unlimited liability. However, if the partnership is a limited partnership, one or more of the partners assumes unlimited liability
What are the characteristics of a business partnership?
If the partnership is a general partnership, all partners assume unlimited liability. However, if the partnership is a limited partnership, one or more of the partners assumes unlimited liability
How do you obtain funds that are deposited in a fiduciary account?
The fiduciary is the person with the authority to make deposits to and withdrawals from a fiduciary account. If the original fiduciary cannot act a new fiduciary must be appointed.
What does lcc firm mean?
LCC firm refers to a business company or organization which has the characteristics of a partnership and a corporation. It does not matter whether the partnership is a sole proprietorship or not.
What part of speech is fiduciary?
It is an adjective or a noun. A fiduciary (noun) is a person who acts in a fiduciary (adjective) capacity.
What is the difference between the trustee and the fiduciary of a trust?
fiduciary and trustee
What is a fiduciary receipt?
Typically, a fiduciary prudently takes care of money for another person. So a "fiduciary receipt" is a document that a person acting in capacity of a fiduciary for another person would get in order to allow an audit of the discharge of their duties - part of a fiduciary account.
When was Fidelity Fiduciary Bank created?
Fidelity Fiduciary Bank was created in 1964.
What is a fiduciary service?
A fiduciary service is a trust impose in a person to act on someone's behalf
The meaning and spelling of fiduciary?
FIDUCIARY : pertaining to the control or management of property for another, as in guardians and trustees.
What is fiduciary issue?
Fiduciary issue is a part of the issue of notes in the past bank that is not supported by gold. Fiduciary refers to an ethical relationship of trust between two or more parties.
How do you use fiduciary in a sentence?
Congress has not done a very good job of exercising its fiduciary responsibilities to taxpayers.
