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Kisachek [45]
4 years ago
12

What does a partnership form of business imply? In a partnership, individuals come together to do business. The two types of par

tnerships are general and .
English
2 answers:
topjm [15]4 years ago
8 0

The second one is limited partnerships.

slega [8]4 years ago
5 0

Answer:

<em>In a partnership, individuals come together to do business. The two types of partnerships are general and </em><em>limited</em><em>.</em>

Explanation:

A <u>general partnership</u> is a form of business that allows all partners to contribute to the daily management of the business. In a <u>limited partnership</u>, one or more partners -<em>limited partners</em>- are not involved in the daily management and are only investors in the business, so their liability is limited up to the extent of their investment.

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