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Monte plans to be the managing partner of a business entity and knows that he will potentially be personally liable for company debts. Imani will

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Monte plans to be the managing partner of a business entity and knows that he will potentially be personally liable for company debts. Imani will also be a partner but she won't have quite as extensive management authority and she will only be liable for company debts that are incurred based upon her actions. Monte and Imani likely have a O Limited partnership O Limited liability partnership General partnership O Limited liability company

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