Which of the following refers to a partnership where there is a general partner who manages the business and one or more limited partners who simply invest money into the partnership and are not involved in the day-to-day management?

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A limited partnership is characterized by having at least one general partner who manages the business and assumes personal liability for the partnership's debts, and one or more limited partners who provide capital but do not participate in management and whose liability is limited to the amount of their investment.

Which of the Following Refers to a Partnership Where There