A General Partner is a member of a partnership who has unlimited liability for the debts and obligations of the business. This means they are personally responsible for any financial losses or legal issues that arise. General partners typically have a significant role in managing the day-to-day operations of the partnership and making key decisions. In many cases, general partners are contrasted with Limited Partners, who have limited liability and do not participate in management. General partners often invest their own capital into the business and share in the profits, making them crucial to the partnership's success and growth.