Societe en Nom Collectif
Societe en Nom Collectif : Societe en nom collectif, SNC, (French: "general partnership") is organized with all partners being allocated shares for their contributions, which may be cash, in-kind, or services. There is no required minimum or maximum capital, nor any share par value. Shares in the firm are not negotiable and cannot be transferred without agreement of all the partners. Each partner is liable for the totality of the firm's debts and obligations
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