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General Partner
A member of a partnership who has management duties and unlimited personal liability for the partnership's debts and obligations.
Capital Contributions
Funds or assets introduced into a firm or partnership by its owners or partners to support the organization's operations, finance its activities, or expand its assets.
Transferable Interests
Transferable interests are the portions of ownership in a business entity that can be transferred or sold from one owner to another.
Limited Partners
Limited partners are investors in a partnership with limited liability to the debts of the partnership, and whose involvement in management is restricted by law.
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