Partnership categories.
1. ordinary partnership : unlimited number of liabilities in accordance with the law, called the common partnership and who is responsible for the management of the shopping mall as the "managing partner"
The advantages of an ordinary partnership
1. the establishment of easy action.
2. have a due diligence and knowledge from a partnership.
3. can be expanded by adding additional partner.
Disadvantages of ordinary partnership
1. when there are losses, and the Department store liquidation. As a financial partner will be called for repayment of all malls.
2. who is responsible for partner per share payable by. Creditors may be called a partnership debt payments until the total number of enterprises.