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General Partners
Individuals or entities that participate in the management of a partnership and have unlimited personal liability for the debts and obligations of the partnership.
Limited Partners
Individuals in a partnership who have limited liability to the extent of their investment in the company and do not participate in day-to-day management.
Limited Partner
A partner in a business venture who doesn't participate in daily operations and whose financial responsibility is capped at their investment level.
Limited Partnership
A limited partnership is a business structure with at least one general partner, who manages the business and is fully liable, and one or more limited partners, whose liability is restricted to their investment.
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