All partnership rights are detailed in the partnership agreement.
4 types -general partnership -limited partnership -master limited partnership -limited liability partnership
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The ones I'm aware of (In the US) are General Partnership, Limited Partnership (LP), Limited Liability Partnership (LLP), and Limited Liability Limited Partnership (LLLP)
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
partnership
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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
That would be a partnership agreement.That would be a partnership agreement.That would be a partnership agreement.That would be a partnership agreement.
Where a corporation is a partner in a partnership, the corporation's directors can have an indirect effect on the partnership.
A type of partnership that is not a partnership would be one that does not involve business.
liquidation of partnership is when partnership is broken due to the insuficient fund problem a partnership may encounter, while dissolution of partnership is when partnership is resolved according to the decision taken by the partners