Examlex
Running commercials for sleep medication during the middle of the night is an example of _____.
General Partner
A member of a partnership who has unlimited liability and is responsible for the management of the partnership.
Limited Partnership
A business structure with at least one general partner who manages the business and assumes unlimited liability, and one or more limited partners who provide capital and have limited liability.
Limited Partnership
A partnership structure where at least one partner has unlimited liability (general partner) and one or more partners have limited liability (limited partners), restricting their losses to their investment in the partnership.
Limited Liability Partnership
A business structure where partners have limited liabilities, protecting personal assets from the debts of the business.
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