Discover what a general partnership is, its key features, unlimited liability implications, and real-world examples. Learn how partners share assets, profits, and responsibilities.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

What Is a Limited Liability Partnership (LLP)? A limited liability partnership (LLP) is a flexible legal and tax entity where every partner has a limited personal liability for the debts or claims of ...

Gay rights advocates and opponents clashed yesterday over a new regulation in Maryland that defines domestic partnerships in state law. The rule, approved 12 to 4 by a joint House-Senate committee ...

The recently announced Grand Valley State and Michigan Central partnership will offer pathways for middle and high schoolers ...