لغة أنجليزية

Types of partnerships:

– General Partnership: A general partnership is an arrangement between two or more people who agree to manage the company's assets, profits, legal, and financial liabilities.

– Limited Partnership: a limited partnership allows several people, known as limited partners, to become investors. With a limited partnership, limited partners aren't responsible for the same liabilities as general partners.

– Limited Liability: a type of partnership that offers protection to the personal assets of the partners.

– Joint Venture: A joint venture is a business agreement between two or more people who agree to combine their assets to accomplish a specific project. Every person is typically liable for the costs, profits, and losses. Even though a joint venture is a partnership, it can be flexible.