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2. General partnership - Wikipedia

   en.wikipedia.org/wiki/General_partnership

   Each general partner is deemed the agent of the partnership. Therefore, if that partner is apparently carrying on partnership business, all general partners can be held out as partners for his dealings with third persons. By default a partnership will terminate upon the death, disability, or even withdrawal of any one partner.

3. General partner - Wikipedia

   en.wikipedia.org/wiki/General_partner

   General partner is a person who joins with at least one other person to form a business. A general partner has responsibility for the actions of the business, can legally bind the business and is personally liable for all the partnership's debts and obligations.

4. Partnership - Wikipedia

   en.wikipedia.org/wiki/Partnership

   The limited partnership (LP) is a partnership in which general partners manage the partnership's operations, and limited partners forego the right to manage the business in exchange for limited liability for the partnership debts. The liability of limited partners is limited to their investment in the partnership.

5. Partnership vs. Corporation - AOL

   www.aol.com/finance/partnership-vs-corporation...

   In a partnership, the company is owned by the general partners and, if applicable, limited partners. General partners make the call on how the daily operations run. In a corporation, the company ...

6. List of legal entity types by country - Wikipedia

   en.wikipedia.org/wiki/List_of_legal_entity_types...

   SE & Co. KG: the general partner is a societas Europaea; GmbH & Co. OHG: each of the general partners are a GmbH; The same rule also applies when the general partner is a limited company incorporated outside Germany, for example: Limited & Co. KG: the general partner is a UK private company limited by shares; PLC & Co. KG: the general partner ...

7. Limited partnership - Wikipedia

   en.wikipedia.org/wiki/Limited_partnership

   A limited partnership (LP) is a type of partnership with general partners who have a right to manage the business and limited partners who have no right to manage the business but have only limited liability for its debts. [1] Limited partnerships are distinct from limited liability partnerships, in which all partners have limited liability.