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14 December, 10:29

How is a general partnership organized? only one partner is responsible for the debts of the partnership. no partner is responsible for the debts of the partnership beyond his or her investment. every partner shares equally in both responsibility and liability. the doctors, lawyers, or accountants who form a general partnership hire others to run the partnership. description?

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  1. 14 December, 11:25
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    A general limited partner is organized where every partner shares equally in both responsibility and liability.
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