Set Up a Partnership in Virginia

DuncanJones · 12-23-2012, 11:54 PM

Hello friends,

The partnership business structure exists as one of the most common type of businesses found in the United States, as explained by the Reference for Business website. A partnership begins automatically when two or more individuals decide to start a for-profit business venture. Partners have unlimited liability for company debts, obligations and judgments. This means a partner may lose his home, automobile and other personal assets if the partnership’s assets do not cover the company’s obligation.

Best Regards
Duncan Jones

**ImRizzo** · 12-24-2012, 07:43 AM

12-23-2012, 11:54 PM	#1
DuncanJones My plasma is High Def. Join Date: Dec 2012 Posts: 5	Set Up a Partnership in Virginia Hello friends, The partnership business structure exists as one of the most common type of businesses found in the United States, as explained by the Reference for Business website. A partnership begins automatically when two or more individuals decide to start a for-profit business venture. Partners have unlimited liability for company debts, obligations and judgments. This means a partner may lose his home, automobile and other personal assets if the partnership’s assets do not cover the company’s obligation. Best Regards Duncan Jones

12-24-2012, 07:43 AM	#2
ImRizzo HDF SUPER MODERATOR Join Date: Aug 2005 Location: Formerly: Brooklyn, New York .... It's not a place, it's an Attitude and a State of Mind !! Posts: 19,049	__________________ ..................................... PFC5 & Loves2Watch ~ RIP