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8 August, 06:00

What does a partner in a limited liability partnership have that a limited partner in a limited partnership does not have?

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  1. 8 August, 07:40
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    business involvement

    Explanation:

    One of the things that a limited liability partner has that a limited partner does not have in a limited partnership is business involvement. Limited Liability partners are involved in business decisions and tasks. This is because they (along with the other liability partners) take responsibility for the debts and losses that the company acquires. Therefore since it affects them, they take part in the decision making process.
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