Partnership Business

unlimited liability

Everything you need to know about Business unlimited liability

Before we define unlimited liability, the need is to know the meaning of business liability. All kinds of businesses come with the factor of liability. It means the owners, shareholders, or members are responsible for the business debts. Liability can be of two types.   Limited Liability Unlimited Liability   1- Limited liability means the […]

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Types of partnership in business

Partnership Business: Lets explore the types of Partnership In Business

  Before you look for the types of the partnership business, have this quick read about what partnership in business actually is. It won’t be wrong if we compare this structure to marriages and that too with comparable reasons.   It is a specific kind of legal relationship in which two or more people agree

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