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A limited partnership agreement (LP)—not to be confused with a limited liability partnership (LLP)—is an contract that defines the terms of a partnership made up of two or more partners where the general partner oversees and runs the business while limited partners do not partake in managing the business. However, the general partner has unlimited liability for the debt, and any limited partners have limited liability up to the amount of their investment.
Sources: https://www.investopedia.com/terms/l/limitedpartnership.asp
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