Partnership can be limited liability or unlimited liability. Among them, the limited liability only bears the debt with the capital invested by itself, and the rest is naturally exempted. Unlimited liability not only takes responsibility with investment capital, but also takes responsibility with other property.

Legal objectivity:

Article 3 of the Company Law A company is an enterprise legal person, with independent legal person property and legal person property rights. The company is liable for its debts with all its property. Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them. Article 4 Shareholders of a company shall enjoy the right to return on assets, participate in major decisions and choose managers according to law.