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The image below diagrams the action of an enzyme. Notice that the enzyme is depicted as being more tightly wrapped around the substrates in step 2 than it is in step 1. Why is this?
Unlimited Personal Liability
A legal obligation where an individual can be held personally responsible for the debts and obligations of a business entity without any limit on the amount.
General Partners
Individuals in a partnership who are responsible for the management of the partnership, have unlimited liability for its debts, and share the partnership's profits.
Limited Partners
Part-owners of a partnership who have limited liability to the debts of the partnership and do not participate in day-to-day management.
Personal Liability
The legal responsibility of an individual to satisfy debts or obligations from their own assets.
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