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A general partnership is a business arrangement by which two or more individuals agree to share in all assets, profits and financial and legal liabilities of a jointly-owned business structure.
Following topics are covered:
Introduction
What Is a General Partnership?
Characteristics
Separate legal personality
Understanding General Partnerships
General Partnership Features
Benefits of General Partnership
What are the 4 types of partnership?
Can sleeping partner get salary?
What is a silent partner?
How is profit divided in a partnership?
How do you start a successful partnership business?
Conclusion