are particular and limited partnership the same?
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A limited partnership is different from a general partnership in that it requires a partnership agreement.
A limited partn*r is one who does not have total responsibility for the deb-ts of the partnership
The most a limited partn*r can lose is his investment in the business.
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The difference between a general partner vs. limited partner is a general partner is an owner of the partnership, and a limited partner is a silent partner in the business. ... Usually, a general partner is either a managing partner or active in the daily operations of the company.
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