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goji.go goji.go
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10 years ago
Nick is investing $25,000 in a partnership with his sister and brother. Nick does not want to be an active part of the partnership and can only afford to risk the $25,000 he is investing. His brother and sister agree to let him share a proportionate amount of the profits. Nick is a ________ in this partnership.
A) limited partner
B) junior partner
C) general partner
D) sole partner
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Diesel
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bbb
wrote...
#1
10 years ago
A) A limited partner invests in a partnership, but has limited liability and does not take an active role in managing the business.
Answer accepted by topic starter
goji.go Authorgoji.go
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10 years ago
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Diesel

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