Business association which allows some members to participate in decision making while others are prohibited is Limited partnership.
A limited partnership have both general partners as well limited partners. General partners usually have unlimited liability and also have full management control of the business.
Limited partners have little or no involvement in management, but also have limited liability.
A limited partnership is a partnership made up of two or more partners. The general partner generally oversees and runs the business while limited partners do not take part in managing the business.
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