In some states, shares could be directed to a surviving spouse, which can complicate how affairs are handled. All members of a complementary company have the right to participate in the management and control of the partnership, unless the management obligations are delegated in the social contract to one or more managing partners. The first essential consequence of a partnership is joint and several liability for all debts of the partnership. This means that all partners are responsible for the company`s debt in the same way and personally. If a partner is unable to pay its share of a partnership debt, the remaining partners are liable for the unresolved debt. .