GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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12:36 Jan 20, 2004 |
Arabic to English translations [PRO] Bus/Financial | |||||||
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| Selected response from: Musab Hayatli Local time: 09:32 | ||||||
Grading comment
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Summary of answers provided | ||||
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5 +8 | Limited Partnership |
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5 | partnership company |
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شركات توصية بسيطة Limited Partnership Explanation: شركة توصية بسيطة is when the assets and liabilities are divided between general and limited partners. Thus, limited partners in contrast to general members are liable for the debts and liabilities of the Partnership only to the amount of their stakes in the partnership's capital. This is exactly when Limited Partnership is. |
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