英语翻译A group of people provide the capital,set up the company
英语翻译 A group of people provide the capital,set up the company and manage it together.There are two types of partnership: 1.Partners in an unlimited partnership are like sole traders if the business fails they are fully liable for all debts,and may even have to sell personal assets. 2.In a limited partership there can be sleeping partners who do not participate in the management of the company.Sleeping partners have limited liability-in the event of bankruptcy,they only lose their investment,not their personal assets.