Assertion: partnership's partner | /r/CapableOf | contribute capital
Facets:
value: to the partnership
type: TRANSITIVE-OBJECT
value: to any other partner
type: TRANSITIVE-OBJECT
value: in the simplest form of partnership
type: MANNER
value: to neither the partnership
type: OTHER
value: toward the equity of the company
type: TRANSITIVE-OBJECT
Source sentences:
text: The limited partner contributes capital toward the equity of the company but is not involved in the daily operations of 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 partnership interest can be discerned through an analysis of the capital accounts of the partners to determine in what proportion to the rest of the partnership each partner contributed capital to the partnership.
text: When a partner contributes capital to the partnership, neither the partnership, nor the contributing partner, or any other partner, recognizes gain or loss by the mere fact of contributing property for an interest in the partnership (Sec. 721).
text: A partner may contribute capital to the partnership to garner a share of the partnership's profits or losses.
text: It is a partnership owned by two classes of partners: general partners manage the enterprise and are personally liable for its debts; limited partners contribute capital and share in the profits but normally do not participate in the management of the enterprise.
text: Partnerships can be very similar to Sole Proprietorships in the sense that the business is not necessarily an independent entity; in the simplest form of Partnership, all partners contribute capital and all are fully liable for business debts.
text: The limited partners contribute capital but cannot be involved in the company’s management.