Definition
Inspection is the process of examining, testing, or evaluating products, materials, or processes to verify compliance with established standards, specifications, or requirements. Inspection activities may involve visual inspections, measurements, testing, sampling, and documentation of results. Inspections help identify defects, deviations, or non-conformities that may impact product quality and ensure that quality standards are met before products are released to customers.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.