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US partnership law

Types of Partners in a Partnership: Roles, Rights, Liabilities & Examples

Last Updated: January 14, 2026

Types of partners in a partnership including active, silent, limited, and LLP partners under US law

According to the Tax Foundation, nearly 8% of businesses in the United States operate as partnerships, making them one of the most common forms of pass-through business structures. Partnerships are especially popular among professional services, … [Read more...] about Types of Partners in a Partnership: Roles, Rights, Liabilities & Examples

Filed Under: Business Tagged With: active partner, Business Studies, general partnership, limited partnership, LLP vs LP, partnership, partnership agreement, partnership business, pass-through businesses, silent partner, types of partners, US partnership law 2 Comments

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