Assertion: partnership's partner | /r/CapableOf | take active role
Facets:
value: in the business
type: LOCATION
value: in the management of the business
type: OTHER
value: in the partnership
type: LOCATION
value: in those
type: OTHER
Source sentences:
text: However, each partner in an LLP must take an active role in the business, so the model is more suitable for joint ventures and small businesses than for companies in which investors plan to take passive roles.
text: If a limited partner takes on an active role in the partnership, this person may have general-partner personal liability.
text: However, each partner in an LLP must take an active role in the business, so the model is more suitable for joint ventures and small businesses than for companies in which investors plan to take passive roles.
text: Even in those that do, other partners may also take an active role in the management of the business and are all liable for business debts.