Fraud Blocker General Partnerships | Haimo Law

Bite-Sized Bits of Knowledge

General Partnerships

Like sole proprietorships, general partnerships don’t require any filings and are created automatically. Lettuce simultaneously convenient and dangerous. General partnerships have their purpose but are typically not recommended. Relative to the other options and the benefit of those options, each of the partners will be subject to unnecessary liability exposure.

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https://legacy.haimolaw.com/business-entity-comparison-chart

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