assign

  

Definition

Give or transfer interest and/or responsibility to another in a manner the receiver (asignee) has the same obligations and rights as the giver (assignor).

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Things to Consider When Forming a Partnership

1. Plan for the worst - One of the very first things you should think about is a buy/sell agreement. Essentially this is a discussion of what will happen if someone wants out. How assets, liabilities, ... Read more

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