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General Partnership
Aug. 4, 2010
asked a question
March 13, 2010
Anthony Green
answered this question
What is the difference between limited partnership & general partnership?
It varies between states, but the general idea is a General Partnership (GP) the owners are all General Partners. General Partners are those who are directly involved in the management of the business. In a Limited Partnership (LP) there are General Partners and Limited Partners. ... more
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Anthony Green
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Managing Partner
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