General partner

General partner is a person who joins with at least one other person to form a business. A general partner has responsibility for the actions of the business, can legally bind the business and is personally liable for all the partnership's debts and obligations.[1]

  1. ^ Balouziyeh, John M. B. (2013). "Partnerships". A Legal Guide to United States Business Organizations. pp. 33–44. doi:10.1007/978-3-642-37907-9_5. ISBN 978-3-642-37906-2.

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