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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

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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

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

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'A'

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## Step 1<br />In 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.<br />## Step 2<br />On 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.<br />## Step 3<br />Given 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.
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