What does general partnership mean?
Definitions for general partnership
gen·er·al part·ner·ship
This dictionary definitions page includes all the possible meanings, example usage and translations of the word general partnership.
Wiktionary
general partnershipnoun
A business partnership in which each partner is liable for the firm's debts.
Wikidata
General partnership
In the commercial and legal parlance of most countries, a general partnership, refers to an association of persons or an unincorporated company with the following major features: ⁕Created by agreement, proof of existence and estoppel. ⁕Formed by two or more persons ⁕The owners are all personally liable for any legal actions and debts the company may face It is a partnership in which partners share equally in both responsibility and liability.
Numerology
Chaldean Numerology
The numerical value of general partnership in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of general partnership in Pythagorean Numerology is: 8
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"general partnership." Definitions.net. STANDS4 LLC, 2024. Web. 8 May 2024. <https://www.definitions.net/definition/general+partnership>.
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