In a limited partnership,no partner has full responsibility for the partnership and for all its debts.

Name: In a limited partnership,no partner has full responsibility for the partnership and for all its debts.
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In a limited partnership, there is at least one general partner who has full responsibility for managing the partnership and is liable for all its debts, while limited partners have liability only up to the amount they invested.

In a Limited Partnership,no Partner Has Full Responsibility for the Partnership