In a General Partnership, management and control are not always performed by the owner, unlike in a Sole Proprietorship.
Management and control are not always performed by the owner in a General Partnership, unlike in a Sole Proprietorship where the owner has full control. In a General Partnership, two or more individuals share responsibilities and decision-making, leading to shared management. On the other hand, in a 'C' Corporation, management is typically separate from ownership due to the presence of a board of directors who oversee the company's operations.
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