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General partnership and Privately held company

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between General partnership and Privately held company

General partnership vs. Privately held company

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. A privately held company, private company, or close corporation is a business company owned either by non-governmental organizations or by a relatively small number of shareholders or company members which does not offer or trade its company stock (shares) to the general public on the stock market exchanges, but rather the company's stock is offered, owned and traded or exchanged privately.

Similarities between General partnership and Privately held company

General partnership and Privately held company have 3 things in common (in Unionpedia): Legal liability, Legal person, Partnership.

Legal liability

In law, liable means "esponsible or answerable in law; legally obligated." Legal liability concerns both civil law and criminal law and can arise from various areas of law, such as contracts, torts, taxes, or fines given by government agencies.

General partnership and Legal liability · Legal liability and Privately held company · See more »

Legal person

A legal person (in legal contexts often simply person, less ambiguously legal entity) is any human or non-human entity, in other words, any human being, firm, or government agency that is recognized as having privileges and obligations, such as having the ability to enter into contracts, to sue, and to be sued.

General partnership and Legal person · Legal person and Privately held company · See more »

Partnership

A partnership is an arrangement where parties, known as partners, agree to cooperate to advance their mutual interests.

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The list above answers the following questions

General partnership and Privately held company Comparison

General partnership has 35 relations, while Privately held company has 86. As they have in common 3, the Jaccard index is 2.48% = 3 / (35 + 86).

References

This article shows the relationship between General partnership and Privately held company. To access each article from which the information was extracted, please visit:

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