Assertion: partnership's partner | /r/CapableOf | assume responsibility
Facets:
value: for other obligations
type: CAUSE
value: for the partnership's debts
type: TRANSITIVE-OBJECT
value: for running the business
type: PURPOSE
Source sentences:
text: If limited partners assume responsibilities for running the business, they will lose their liability protection
text: The general partner assumes all management and responsibilities of the business and also has unlimited liability.
text: In a general partnership, the partners manage the company and assume responsibility for the partnership's debts and other obligations.
text: In a general partnership, the partners manage the company and assume responsibility for the partnership's debts and other obligations.