LF175 Unlimited Partnership (CDQ)

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Business partner/legal form/category/technical key/LF175
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Technical key Defines a unique key by which e.g. data model concepts can be referenced in a technical integration context. These keys are unique in the CDL context. LF175
Name Name of a concept, e.g. a data model concept. In contrast to terms, the name does not depend on a given context, e.g. a country-specific language. Unlimited Partnership
Short name Defines the name of a concept. Consits of “Country or Subdivision” + “Registry name” nLtd.Ps.
Description Informal and comprehensive human-readable definition of a concept. A partnership where the liability of the partners is unlimited, making each partner personally responsible for the debts and obligations of the partnership. In an unlimited partnership, partners have joint and several liability, meaning they are collectively and individually liable for the partnership's debts. This structure carries a higher level of risk for the partners compared to limited partnerships or other forms of business organizations with limited liability. Unlimited partnerships often require a clear understanding and agreement among the partners regarding risk management and liability sharing.
Part of Hierarchical relation between two concepts of the CDQ Data Model. CDQ Data Model
Parent concept Hierarchical relation between two concepts of a data model, e.g., the CDQ Data Model. Business_partner/legal_form/category/technical_key
Mappings mapping source: CX (SAP.ODM), mapping: SAP.ODM CXLF175

Legal forms in this category