FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/Ru4xTEglN22D9fpGWBZpgs
Label General Partnership
Preferred Label Unlimited Partnership
Identifier ENTITY-GP
Alternative Labels
General Partnership GP

Definition

A general partnership, the basic form of partnership under common law, is in most countries an association of persons or an unincorporated company with the following major features: must be created by agreement, proof of existence and estoppel; formed by two or more persons; the owners are jointly and severally liable for any legal actions and debts the company may face, unless otherwise provided by law or in the agreement. It is a partnership in which partners share equally in both responsibility and liability.

Class Relationships

Sub Class Of

Is Defined By

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See Also

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Parent Class Of 0

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Translations

🇩🇪

de-de

Offene Handelsgesellschaft

🇧🇷

pt-br

Sociedade em nome coletivo

🇫🇷

fr-fr

Société en nom collectif

🇨🇳

zh-cn

普通合伙

🇯🇵

ja-jp

普通合同会社

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available