Keyword Analysis & Research: partner

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Frequently Asked Questions

What is a partnership partner?

What is a 'Partnership'. A partnership is a formal arrangement in which two or more parties cooperate to manage and operate a business. Various partnership arrangements are possible in which all partners might share liabilities and profits equally or some partners may have limited liability.

Can a partnership have just one partner?

A limited partnership has at least one general partner and at least one limited partner. The general partner has the same role as in a general partnership: controlling the company's day-to-day operations and being personally liable for business debts.

How many partners in partnership?

A limited partnership must have one or more general partners who manage the business and who are personally liable for partnership debts. Although one partner may be both a limited and a general partner, at all times there must be at least two different partners in a limited partnership.

What is a perfect partner?

Perfect Partner is a dating website catering for South African singles of all ages looking for fun and romance.


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