The form of business having unlimited liabilities
کاروبار کی شکل جس میں لامحدود واجبات ہیں۔
- general partnership
- limited partnership
- limited liability partnership
- particular partnership
Explanation
A general partnership is a business made up of two or more partners, each obligated for the business's debts, liabilities, and assets.
Partners assume unlimited liability, potentially subjecting their personal assets to seizure if the partnership becomes insolvent.
ND5-09-2023
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