And the difference in rights and liability. Limited partnership must have one or more partners, which must be "together" liability as an unlimited number of actions for the partner had done."Together" means each partner liable for the actions of other partners with unlimited. Limited liability partnership only can managing partner, partner categories that 2.This partnership will have more than one limitation of liability partner who is liable only money themselves invested only
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If the business is not very large. You should choose the form of partnership which is, a popular form of, commercials. Because the way of establishing easier than Company Limited And use the cost less. I think Limited partnership that would. Be most suitable for a chain of coffee shop in a capital city. There is composed of one or more general partners and one. Or more limited partners.Profits from the business will be shared according to the agreement. The Limited Partnership has two kinds, of partners
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