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Since the 1990s, large numbers of people who had received welfare assistance such as AFDC have moved into the workforce
Partnership
An authorized business entity run by two or more partners who equally divide management duties and earnings.
Limited Partnership
A business structure where at least one partner has unlimited liability and other partners have liability limited to the amount of their investment.
Limited Liability Partnership
A partnership in which some or all partners have limited liabilities, protecting them from the debts of the partnership beyond their investment.
General Partner
A type of owner in a partnership who has unlimited liability and is actively involved in the management of the business.
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