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My question is this: If general prtners are partners who participate in management and have personal liablity for the debts and obligations of the partnership,
My question is this: If general prtners are partners who participate in management and have personal liablity for the debts and obligations of the partnership, and limited partners are partners who do not participate in management and have no personal liability for debts or obligations of the business, are partners in a limited liability partnership more like general partners or more like limited partners? Explain why.
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