Examlex
Explain what is meant by the notion that the American Revolution was a "conservative" revolution.
Limited Partnership
A business structure where one or more partners have limited liabilities and responsibilities, and there is at least one general partner with unlimited liability.
General Partner
A member of a partnership who has unlimited liability and is actively involved in the management of the partnership.
Limited Partnership
A form of partnership where there is at least one general partner (who assumes unlimited liability for the debt) and one or more limited partners (whose liability is limited to the amount they have invested).
Certificate of Limited Partnership
A legal document filed with a state governmental authority that establishes the existence of a limited partnership.
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