MLchartDataset catalogue

General partner

Term · Law · MLC-T-LAW-002294

A partner in a partnership who has unlimited personal liability for the debts and obligations of the business. This individual typically participates in the day-to-day management and operations of the partnership. In a limited partnership, there must be at least one general partner, alongside one or more limited partners whose liability is capped.

Table 1. Record
IdentifierMLC-T-LAW-002294
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002294",
  "term": "General partner",
  "field": "Law",
  "definition": "A partner in a partnership who has unlimited personal liability for the debts and obligations of the business. This individual typically participates in the day-to-day management and operations of the partnership. In a limited partnership, there must be at least one general partner, alongside one or more limited partners whose liability is capped.",
  "url": "https://mlchart.com/terminology/law/general-partner/"
}

Record 2,204 of 5,445 in Law terminology (MLC-0107). Request the full dataset.