General Partnership

General Partnership is a business system that made up with two or more entities for carry a business or an organization. each partner share the loss or gains and their properties like: money, labor, skill or other assets.┬áIn the commercial and legal parlance of most countries, a general partnership, refers with an association of person’s or an unincorporated company while using the following major characteristics: Created by contract, proof of lifestyle and stopple in addition to Formed by several persons.