Assertion: partnership's partner | /r/CapableOf | share in profit
Facets:
value: equally
type: MANNER
value: as per agreement
type: MANNER
value: in
type: LOCATION
value: in a partnership business
type: OTHER
Source sentences:
text: In a general partnership, each partner shares equally in the workload, liability, and profits generated and paid out to the partners.
text: This means that partners share any profits generated by the partnership, as well as any losses and debts – even if these debts are more than they’ve personally invested in the business.
text: Partners share in profits or losses, in whatever proportion they’ve agreed on.
text: General partners share in management decisions, and share in profits and losses according to the percentage of the total investment.
text: The partners share in the profits or losses.
text: A general partnership is a partnership when all partners share in the profits, managerial responsibilities, and liability for debts equally.
text: Partners share in the profits and losses to the extent of their share in the business.
text: Limited partnerships have at least one general partner who controls the company's day-to-day operations, exercise managerial power, contribute capital, share in the profits and are held personally liable for all company debts and legal obligations.
text: The partners share in the profits, losses, and liabilities.
text: In particular, in a partnership business, all partners share liabilities and profits equally, while in others, partners have limited liability.
text: Partners share profits and losses.
text: Because partners share profits equally in the absence of a written agreement, you could run into situations where you feel that you're doing all of the work, but your partner is still getting half of the profits.
text: Accountancy firm partners share the profits, but don’t have to suffer the consequences of negligence by firm or fellow partners.
text: The partners share the profits as per agreement.
text: Accountancy firm partners share the profits, but don’t have to suffer the consequences of negligence by firm or fellow partners.