Question
What is a partnership in which partners share equally in both responsibility and liability?
a proprietor partnership
a general partnership
a limited liability partnership
a limited partnership
a proprietor partnership
a general partnership
a limited liability partnership
a limited partnership
Answers
GPT-4o mini
A partnership in which partners share equally in both responsibility and liability is called **a general partnership**. In a general partnership, all partners manage the business and are personally liable for its debts and obligations.