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General Partner: Definition, Role, Examples, and Main …
A general partner is one of two or more investors who jointly own a business that is structured as a partnership, and who assumes a day-to-day role in managing it. Pogledajte više A general partner has the authority to act on behalf of the business without the knowledge or permission of the other partners. Unlike a limited or silent partner, the general partner may have unlimited liabilityfor the … Pogledajte više A partnership is any business entity that is formed by at least two people who agree to create a company and share in its expenses and profits. This type of arrangement is … Pogledajte više Unlike general partners, limited partners enjoy limited liability, meaning that limited partners are not personally liable for the debts and obligations of the partnership and their personal assets cannot be reached to satisfy business debts. General partners have unlimited personal liability for business debts. The protection against liability enjoyed by limited partners comes at the cost of management po… condos germantown md
General Partnership - The Strategic CFO®
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