In a(n) _____, all partners assume unlimited personal liability and responsibility for management of the business.

Name: In a(n) _____, all partners assume unlimited personal liability and responsibility for management of the business.
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In a general partnership, all partners share unlimited personal liability and are involved in the management of the business. This contrasts with structures like limited partnerships or LLCs, where liability can be limited for some partners.

In A(n) _____, All Partners Assume Unlimited Personal Liability and Responsibility