General Partnership

Property	Value
A technical identifier, unique in a certain context. Technical key	LF006
Language-specific name. Monolingual name	General Partnership (en)
Language-specific short name. Monolingual short name	Gen.Ps. (en)
Informal and comprehensive human-readable definition of a concept. Description	A general partnership is a business structure where two or more individuals share ownership. Each partner contributes to all aspects of the business, including money, property, labor, or skill. In return, each partner shares in the profits and losses of the business. Liability is unlimited and jointly shared among partners.