Business Studies, asked by ashwinjohn3823, 9 months ago

How general partnership is differ from limited partnership?

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Answered by TonyZeon

0

A limited partnership is a relationship where one or more partners are not involved in the day-to-day management of the business. A general partner may invest money into the company. However, a general partner may also be personally liable for the debts of the company, while the limited partner is not.

Answered by simmi3942

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