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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词条贡献者

双语律师Matthew，国际知名法学院法律专业，擅长翻译各类与商业秘密起诉与调查相关的法律文件。