In the context of limited partnerships, the general partners of a company assume limited personal liability for any of the company's debts.

Name: In the context of limited partnerships, the general partners of a company assume limited personal liability for any of the company's debts.
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In a limited partnership, general partners have unlimited personal liability for the company's debts, while limited partners have liability only up to the amount they invested.

In the Context of Limited Partnerships, the General Partners of a Company