Roger helps his brother's business by contributing money, but he lets his brother take care of the daily operations of the business.Roger is also protected by limited liability.Roger is a _____.
A) sole proprietor
B) general partner
C) corporate stockholder
D) manager
E) limited partner

Question

Quizplus · Accepted Answer

Roger is contributing money to his brother's business and has limited liability, which means he is a limited partner. Limited partners have limited liability and do not participate in the daily operations of the business.

Roger Helps His Brother's Business by Contributing Money, but He