Legal Partnership Agreement Form
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Some of you reading this may have observed that in the example above, John didn't invest a penny. He used his time and expertise rather, and produced the exact same $24,571 revenue as the rest. You can see that if you take John's function that this is a way to invest with no money. Of program, as the common companion, if the partnership is sued, he could shed his house and other property, while restricted companions could lose only the $10,000 they invested. This is one of the big benefits of a limited partnership.
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