General partnership and limited partnership There are differences according to the civil and commercial code are as follows:An important characteristic of a partnership is: 1. There is only one kind of partnership are not limited liability for debts. 2. a partner has the right to manage the partnership. 3. the costs taken into various assets cash and labor. 4. registered or not registered it. 5. creditors have claims to a partnership debt from private assets. 6. when either partner to death or resignation, or partnership bankruptcy. The contract partner is an end of the liquidation.Limited partnership with main characteristics: 1. There are two types of partnership categories, unlimited liability and limited types of responsibility. 2. a limited partnership is a kind of responsibility does not have the right to deal with the partnership. 3. partner categories limited liability investment is not labour. 4. There must be a legal entity and is registered as a status. 5. There are no accounts payable claims, use the private assets of the partnership liability category. 6. partner categories limit the responsibilities of the resignation, death or bankruptcy. Without liquidation
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