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Do a research on the the different types of partnerships under Saudi law, including the characteristics...

Do a research on the the different types of partnerships under Saudi law, including the characteristics of each type on accounting

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  • Partnership companies which can be formed by at least two individual (not corporate) partners, where by liablity is not limited and the partner will be jointly and severally liable to rhird parties for obligation of the partnership company
  • Limited partnership companies (between two classes of partners) with general partners responsible for the day-to-day management of the partneship that are fully liable for the debts and liablities of the partneship and limited partners, whose liablity is limited to their investment in the share capital but cannot be involved in the management of the company.
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