The biggest difference between general and limited partnerships involves who accepts most of the business liability.

Name: The biggest difference between general and limited partnerships involves who accepts most of the business liability.
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In a general partnership, all partners share the business liability equally, while in a limited partnership, there are one or more limited partners who only have limited liability and are not responsible for the partnership's debts beyond their investment.

The Biggest Difference Between General and Limited Partnerships Involves Who