Soru
In a partnership, a(n) __ partner actively manages the business and has unlimited liability for the debts of the business. A. general B. professional C. associate D. unlimited E. limited
Çözüm
4.7
(319 Oylar)
Ülkü
Profesyonel · 6 yıl öğretmeni
Uzman doğrulaması
Cevap
'A'
Daha Fazla
## Step 1In a partnership, there are two types of partners: general and limited. The general partner is the one who actively manages the business and has unlimited liability for the debts of the business. This means that they are personally responsible for all the debts and obligations of the business.## Step 2On the other hand, limited partners are passive investors who do not participate in the daily operations of the business. They have limited liability, which means that their personal assets are not at risk if the business incurs debt or legal issues.## Step 3Given the description in the problem, the partner who actively manages the business and has unlimited liability for the debts of the business is the general partner.