Partners in a limited partnership who invest capital and manage the business are called general partners.

Name: Partners in a limited partnership who invest capital and manage the business are called general partners.
Brand: Quizplus
Rating: 4.9 (50 reviews)

Question

Quizplus · Accepted Answer

This statement is true. Limited partnerships have general partners who invest capital and manage the business, while limited partners only provide capital and do not participate in the management of the business.

Partners in a Limited Partnership Who Invest Capital and Manage