Last Updated
：2025/11/20
general partnership
（ plural ）
Quizzes for review
A business partnership in which each partner is liable for the firm's debts.
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general partnership
They formed a general partnership to open a bakery, with each partner agreeing to be personally responsible for any business debts.
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They formed a general partnership to open a bakery, with each partner agreeing to be personally responsible for any business debts.
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