A business structure in which one or more of the owners may be granted limited liability as long as one partner is designated a general partner is called a

Name: A business structure in which one or more of the owners may be granted limited liability as long as one partner is designated a general partner is called a
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A limited partnership is a business structure where one or more partners have limited liability, while at least one partner is a general partner with unlimited liability.

A Business Structure in Which One or More of the Owners