Examlex
In the 1960s, women who took thalidomide during the fifth to eighth week of pregnancy often gave birth to children with malformed or absent limbs. This can be explained by the concept of
Limited Partner
An investor in a partnership whose liability is limited to the amount of their investment, without management authority.
General Partner
In a partnership, the partner who has unlimited liability for the debts of the business and takes part in the management of the business.
LLLP
stands for Limited Liability Limited Partnership, a form of partnership that combines the elements of limited partnerships and limited liability partnerships, providing limited liability to all its partners.
General Partner
A member of a partnership who has unlimited personal liability for the debts and obligations of the partnership, and who has the authority to act on behalf of the partnership in management matters.
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