In a general partnership, all partners assume full responsibility for all debts of the business.

Name: In a general partnership, all partners assume full responsibility for all debts of the business.
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In a general partnership, all partners have unlimited liability and are personally responsible for all debts and obligations of the business. This means that each partner's personal assets can be used to satisfy the partnership's debts.

In a General Partnership, All Partners Assume Full Responsibility for All