A ___ consists of business partners who agree on the contribution of resources and skills to the new venture, and on the sharing of profits, losses, and management responsibilities.

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A general partnership is a type of business partnership where two or more partners agree to contribute resources and skills to the new venture and share profits, losses, and management responsibilities equally or based on a predetermined percentage. In a general partnership, all partners are personally liable for the debts and obligations of the business.

A ___ Consists of Business Partners Who Agree on the Contribution