Tuesday, October 17, 2006

What’s in a name?

Now for some more background on a different subject. Our name, though it may seem, was not haphazardly chosen. The phrase means pretty much what it sounds like—there’s no great secret meaning—but I thought it would be a good idea to explain the reasoning behind it. At risk of disclosing the degree of my dork-hood, Black’s Law Dictionary defines a Limited-Liability Partnership as “a partnership in which a partner is not liable for a negligent act committed by another partner…” and a partnership as “a voluntary association of two or more persons who jointly own and carry out a business for profit." The limited-liability part just seemed like a good idea given that we are different people and have different ideas—you wouldn’t claim someone else’s idea as your own, why should you reap the results thereof? Partnership is also fairly obvious, but there is an addition in the legal definition that some people don’t always consider—a business for the purposes of gaining profit. We aren’t a business per se, but we do gain a profit from our publication and the sharing of our ideas. Our posting is its own reward—as mentioned, we pretty much just venting anyway…

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