The partner who can lose only what he or she has invested in a business is the
A) general partner.
B) sole trader.
C) manager.
D) employee.
E) limited partner.

Question

Quizplus · Accepted Answer

A limited partner has limited liability and can only lose the amount of their investment in the business. They are not personally responsible for any debts or losses beyond their investment. This is in contrast to general partners, who have unlimited personal liability for the business's debts and losses.

The Partner Who Can Lose Only What He or She