Hey Aqif!

If you're referring to types of partnership in the subject of business studies, then in reference to that there are partnerships namely General Partnership, Limited Partnership, Limited Liability Partnership, Particular Partnership, Partnership at will, etc. If you just have to name two types of partnership, then you can state the General Partnership and Limited Partnership and elaborate them a bit by taking reference from your prescribed text books. If you have any queries, you may write in the comment section so that it can be answered.

Hope it helps!

Read the information below -

Partnership is a type of business where more than 2 or 2 people establish and run a business together.

Here are 2 of the types of Partnership:

GENERAL PARTNERSHIP

It is easiest form of partnership and cheapest to maintain.

It is formed as soon as business activities start and needs no paper work.

In this partnership, all partners are fully liable for actions of any of the other.

The business gets dissolved if any of partner is declared bankrupt or passed away.

LIMITED PARTNERSHIP

In this partnership, there is one general partner that manages operations.

Other partners hold financial stakes and not personally liable for business.

There is some paper work included.

Hope it helps!