Whenever a person participates in the management of a business,that person will be treated as a general partner.

Name: Whenever a person participates in the management of a business,that person will be treated as a general partner.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Not all individuals who participate in the management of a business are automatically considered general partners; the specific legal structure and agreements of the business determine the roles and liabilities of individuals involved.

Whenever a Person Participates in the Management of a Business,that