Jane is the president of a business.She runs the business on a daily basis and makes all of the decisions because she has ten years of experience in this business.There are ten other owners in this business,but they have no say in how this business is being run.Jane's business is probably organized as a

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In a limited partnership, there is typically a general partner who manages the business and limited partners who do not participate in management. Jane's role suggests she is the general partner, while the other owners are likely limited partners.

Jane Is the President of a Business