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Question
which explains one way that a general partnership differs from a limited partnership? each partner in a general partnership is fully responsible for all of the businesss debts. a general partnership requires all partners to make the business decisions collectively. in a general partnership, each partner may own as much of the companys stock as they want. in a general partnership, there is only one partner who is responsible for all of the businesss debts.
In a general partnership, partners have unlimited liability, meaning they are each fully liable for business debts. In a limited - partnership, limited partners have liability limited to their investment amount.
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A. Each partner in a general partnership is fully responsible for all of the business's debts.