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Use the following to answer questions :
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Losses
Financial detriment or disadvantage experienced by an entity due to various reasons such as operational failures, liabilities, or unfavorable market conditions.
Limited Partner
An investor in a limited partnership who is not personally liable for the partnership's debts beyond the amount of their investment.
General Partner
An owner of a partnership who has unlimited personal liability for the debts and obligations of the business and can participate in its management.
Certificate of Limited Partnership
A legal document filed with a governmental body to form a limited partnership.
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