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Describe Fisher's model of group interaction phases.List each of the stages,and discuss what types of behaviors are common in each.Illustrate with specific examples taken from a group you have been a part of.
Limited Partnership
A partnership consisting of at least one general partner, who manages the business and is personally liable for debts, and one or more limited partners, who invest capital but have limited liability and are not involved in day-to-day management.
General Partners
Individuals in a partnership who are responsible for the management of the business and are personally liable for its debts.
Limited Liability
Limited Liability is a legal principle that limits the financial liability of shareholders, owners, or members of a company to the amount they have invested in it.
Operating Agreement
An agreement between Limited Liability Company (LLC) members that specifies the organization's financial and operational choices.
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