general partner

A partner who ordinarily takes part in the daily operations of the business, shares in the profits and losses, and is personally responsible for the partnership’s debts and liabilities.

— Also termed full partner. [Cases: Partnership 353, 366. C.J.S. Partnership §§ 405, 407, 422–423, 425, 430, 432.]


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译者Natalie,在一家西班牙律师事务所的北京办公室担任全职法律翻译,擅长翻译涉及医疗健康领域的法律文件。
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