Season 7 · Episode 2
Organizational Choices – Episode 2: Using a General Partnership
Organized: The Business Law Breakdown · Seth C. Oranburg
August 6, 202517m 28s
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Show Notes
Professor Seth C. Oranburg explores general partnerships as the simplest entity, forming accidentally via conduct with no filings needed. Using the 7-issue framework, he covers unlimited liability, equal control/financial rights, fragile continuity, low liquidity, and merger challenges, highlighting risks and suitability for low-stakes, trust-based ventures.