Assertion: partnership's partner | /r/HasAspect | unlimited personal liability
Facets:
value: in a general partnership
type: OTHER
value: for the company's debts
type: TRANSITIVE-OBJECT
value: for the business
type: TRANSITIVE-OBJECT
value: in most of the partnership models
type: OTHER
Source sentences:
text: Furthermore, in most of the partnership models, the partners will have unlimited personal liability for the company's debts.
text: The general partner in a limited partnership is responsible for managing the partnership and has unlimited personal liability for the business whereas the limited partners have only limited liability.
text: In a general partnership, each partner has unlimited personal liability.