A business jointly owned by two or more persons who are personally responsible for its debts and each share in its profits. This form of business has long been popular with professional persons, e.g. lawyers and accountants; banking often was organized...

A partnership is an association of two or more persons to carry on as co-owners a business for profit. Partnerships are governed by state law. However, many state legislatures have looked to the Uniform Partnership Act, originally adopted by the...

A partnership is a type of business entity in which partners share with each other the profits or losses of the business undertaking in which all have...

FROM THE DIRECTOR: In 1998 the Society's headquarters building opened a new wing to house our flagship exhibition, The Story of Virginia. The structure that contains this immensely popular display covering the whole history of the commonwealth would not have been possible had...

In June, Pacific Northwest Ballet's grand farewell performance for departing Artistic Directors Francia Russell and Kent Stowell was a moving tribute to a partnership that yielded stellar results. In the complex chemistry involved in building a great ballet company, successful collaborations shouldn't be taken...

A leading Episcopal conservative announced plans for a partnership Friday that aims to create an alternative to the liberal-leaning Episcopal Church.Bishop Robert Duncan of Pittsburgh, whose diocese is considering breaking away from the national denomination, said the group will be called the Common Cause Partnership.The...

Two of China's biggest domestic car companies have formed a partnership to develop new models amid Chinese efforts to create producers able to compete with global automakers.Shanghai Automotive Industries Corp. and Nanjing Automobile Corp. agreed to "comprehensive cooperation" on design, production and sales, Nanjing Auto...