Many Entrepreneurs Have Declared Bankruptcy Because Of The Negligence Of Others Involved In The Business. What Type Of Ownership Is In Place When Each Partner Is Held Liable For Only Debts Up To The Amount Of Their Investment In The Company?

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DECA Inc, formerly Distributive Education Clubs of America, is a 501(c)(3) not-for-profit career and technical student organization (CTSO) with more than 215,000 members in all 50 U.S. states. DECA offers co-curriculur programs to students in marketing, finance, hospitality and management in high schools and colleges around the world. 


1. Many Entrepreneurs Have Declared Bankruptcy Because Of The Negligence Of Others Involved In The Business. What Type Of Ownership Is In Place When Each Partner Is Held Liable For Only Debts Up To The Amount Of Their Investment In The Company?