A neuron is a nerve cell that is the basic building block of the nervous system. Neurons are similar to other cells in the human body in a number of ways, but there is one key difference between neurons and other cells. Neurons are specialized to transmit information throughout the body.
A limited partner is a partner in a partnership whose liability is limited to the extent of the partner's share of ownership. Because he is not a material participant, The Internal Revenue Service (IRS) treats the income that a limited partner realizes from his partnership as passive income that he can offset with passive losses.
20 The fiduciary duties of a general partner in a limitedpartnership are provided for in RULPA section 9. 21 These provisions requirethat partners deal fairly with each other, with the partnership and, if appli-cable, with limited partners, or else the y are subject to liability for breach offiduciary duty.