Limited Liability & Partnership

From CDQ Wiki
DataModel:CDQ/Business Partner/Legal Form/Legal Form Category/LF139
Jump to navigation Jump to search
Property Value
A technical identifier, unique in a certain context. Technical key LF139
Language-specific name. Monolingual name Limited Liability & Partnership (en)
Language-specific short name. Monolingual short name Ltd.Liab.&Ps. (en)
Informal and comprehensive human-readable definition of a concept. Description A partnership structure that offers limited liability to partners. In this type of partnership, at least one partner has unlimited liability while the liability of other partners is limited to their investment in the partnership. It combines the benefits of a limited liability company with the flexibility and shared decision-making of a partnership.