Assertion: partnership's partner | /r/CapableOf | retain liability
Facets:
value: for its decisions
type: CAUSE
Source sentences:
text: A limited partnership (LP) has one or more general partners who manage the business and retain liability for its decisions and one or more limited partners who don't participate in the operations of the business and who don't have liability.
text: However, the general partner has unlimited liability for the debt, and any limited partners have limited liability up to the amount of their investment.
text: The limited partnership has the same advantages as other types of partnerships with the option of limited partners; these partners can limit their liability while still participating in the growth of the business.
text: In addition to control, the general partner also retains all of the liability from the FLP.
text: has one or more general partners who manage the business and retain liability for its decisions and one or more limited partners who don't participate in the operations of the business and who don't have liability.