Back
More 

What is a Partnership?

A partnership is an association of individuals formed by two or more persons for the purpose of transacting business together.

In a partnership, the owners are all personally liable for any actions taken and debts incurred by the other partners.

In a partnership, partners share equally in both responsibility and liability.

© 2017 - 2018 Strother Firm, P.A.

The information you obtain at this website is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We ask you to contact us by telephone, letter or electronic mail. However, contacting us does not create an attorney-client relationship. Please do not send us any confidential information until requested.