Partnerships can now offer limited liability and issue tradable shares.

合伙制现在可以具备有限责任并且发行可交易的股票。

youdao

The problem with partnerships, generally, has been that they don't have limited liability.

通常合伙制企业的问题是，合伙人具有无限责任。

youdao

Private partnerships were wonderfully flexible but lacked the vital ingredient of limited liability: partners could lose everything they owned if the business failed.

私营合伙企业具有很好的灵活性，但缺乏有限责任的重要元素。也就是说，一旦他们拥有的企业失败，合伙人将一无所有。

youdao

The problem with partnerships, generally, has been that they don't have limited liability.

通常合伙制企业的问题是,合伙人具有无限责任

耶鲁公开课 - 金融市场课程节选

The most important change is that the much lower individual income tax rates after tax reform, from a top rate of 70% when Reagan entered office to 28% after the reform, caused billions in business income to switch from corporate tax returns to individual tax returns as subchapter S corporations, partnerships, LLCs (limited liability partnerships), and proprietorships.

FORBES: The Equality Of Reaganomics, And Fallacious Leftist Dissent

Sole proprietors file Form 1040, Schedule C and S-corporations, limited partnerships and limited liability companies file the same form, only Schedule E.

FORBES: On Corp Tax Reform, Small Business Wants In

Only individuals and pass-through entities (S corporations, partnerships and limited liability companies) benefit from capital gain, there must be a transfer of all rights.

FORBES: Move up http://i.forbesimg.com t Move down