Assessing the Legal Status of Limited Partnership (CV)

Binoto Nadapdap

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DOI: http://dx.doi.org/10.15742/ilrev.v3n1.68

Abstract


Business actors can choose various kinds of business entities to run their business. The law gives business actors the freedom to decide which business entity to use as a vehicle for their business activities. From a multitude of businesses, essentially there are three forms, which are: individual proprietorship, partnership and limited liability company. Additionally, there are some that have the opinion that there are two categories of companies: companies that are legal entities and those which are not legal entities.

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ISSN: 2356-2129