Examlex
What is a dipole?
Limited Partnership
A business structure where some owners are general partners responsible for the day-to-day operations, while others are limited partners investing but not involved in management.
Management of Partnership
Overseeing the operation and administration of a business partnership, including decision-making and financial management.
Limited Partners
Investors in a limited partnership who contribute capital but have limited liability and are not involved in day-to-day management.
Cannot Withdraw
Describes a condition where an individual is unable to retrieve their funds or assets from a bank account, investment, or contract.
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