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MiniBill · Answer 1 · 2018-01-04T08:02:12+0000

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A general partnership has unlimited liability for all partners while a limited partnership has limited liability

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Hering · Answer 2 · 2018-01-06T23:19:32+0000

The main difference between a general partnership and a limited partnership is that "A general partnership has unlimited liability for all partners while a limited partnership has limited liability." In addition, the liability of the personal assets in a general partnership is its obligation.

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