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。
2
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。
3
Private partnerships were wonderfully flexible but lacked the vital ingredient of limited liability: partners could lose everything they owned if the business failed.