Definition of partnership

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A partnership is a type of unincorporated business organization in which multiple individuals, called general partners manage the business and are equally liable for its debts.

Expert answered|marlon_b_haban|Points 15|

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Asked 9/6/2012 7:07:37 PM

Updated 6/7/2015 4:24:11 AM

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This answer has been confirmed as correct and helpful.

Edited by selymi [6/7/2015 4:24:08 AM], Confirmed by selymi [6/7/2015 4:24:11 AM]

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