Examlex
All but one of the following are major elements of shyness.Which does NOT apply?
Limited Partnership
A business partnership where at least one partner has limited liability to the extent of their investment while at least one other has unlimited liability.
General Partners
Individuals in a partnership who are responsible for the management of the partnership and are liable for its debts.
Foreign Limited Partnerships
Partnerships formed in one jurisdiction but doing business in another where the liability of some partners is limited.
Low-profit Limited Liability Company
A classification of LLC that combines the legal and tax flexibility of a traditional LLC, the social benefits of a nonprofit organization, and a commitment to limited profit distribution.
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