The Horse Capital of the World needs to have a horse festival that should coincide with HITS' arrival.
Difference Between LTD Partnership & LLC. A limited partnership and limited liability company are both types of business entities formed under state law. They are similar in structure due to the fact that limited liability companies, or LLCs, are designed to combine the benefits of both partnerships and corporations.or an LLC, all the owners -- called members -- receive this liability protection. However, the owners of a limited partnership are not treated the same in this regard. A limited partnership is required to have at least one general partner and one limited partner.
Thier business name ends in limited or LTD. In a business context, it is the abbreviation for Limited, which in tur â¦ n, is a short form of Limited Partnership. The LTD designation is intended to give others who are doing business with the entity that at least one member of the partnership is a limited, rather than a general partner.