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A person may want to be a limited partner in a business to have limited liability for the business's debts and obligations. Limited partners have the benefit of passive investment in the business without being actively involved in its management, which can be attractive for those looking for a more hands-off investment approach.

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1y ago

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Who is your life patner?

Your life partner is the person with whom you spend the most of your life with; Typically, would be a spouse.


How come when testing for hiv with your patner and your patner test positive and you test negative?

It is possible to have sex with an hiv positive person without contracting hiv. You could have sex many times with an hiv positive person and get very lucky and not contract the virus. However, maybe the next time you have sex, you may get unlucky and become infected.


How does a company become limited?

When a company has the initials "LTD" or "limited" in their title, it typically means that the company is limited if it should ever be sued. For example if a person has a company called abc limited, only the monies in the company can be accessed if sued, and not the person's personal assets.


What is an example of third person limited narration?

A quick example of third person limited narration (Ernest Hemingway's The Old Man and the Sea): Then he looked behind him and saw that no land was visible. That makes no difference, he thought. I can always come in on the glow from Havana.


How do you identify third person?

The easiest way to do it is by seeing what you can see. for example, if you can see what the person is feeling, its third person limited or 1st person. but if you don't really know what anyone is thinking, then its third person omniscient.


How do you identify omniscient?

The easiest way to do it is by seeing what you can see. for example, if you can see what the person is feeling, its third person limited or 1st person. but if you don't really know what anyone is thinking, then its third person omniscient.


How do you identify third-person omniscient?

The easiest way to do it is by seeing what you can see. for example, if you can see what the person is feeling, its third person limited or 1st person. but if you don't really know what anyone is thinking, then its third person omniscient.


What is the point of view of the third wish?

Limited 3rd person


What is vacubulory?

Did you mean vocabulary? If so then it means a group of words specifically used by a person or group for example babies or toddlers have limited vocabulary


What is Second-person limited?

narrator's knowledge is limited


What does limited liability car insurance cover?

Liability insurance protects a person if he or she gets in an accident and they end up hurting someone or his or her car or property. Many state have a minimum that each person must carry. Limited liability car insurance is where a person is covered in this case, but only for a small amount, for example, $25000.


What are some examples of third-person limited point of view in movies?

In the movie "The Shawshank Redemption," the story is predominantly told from the third-person limited perspective of the character Andy Dufresne. Another example is "The Godfather," where the audience sees the events unfold from the limited viewpoint of Michael Corleone.