A partner is an individual who cannot take an active role in management, but is known to be a partner by the general public.
A) Dormant
B) Secret
C) Silent
D) Nominal
Correct Answer:
Verified
Q3: A -------------------------------partner permits individuals to contribute money
Q4: One of the three specific features that
Q5: -------------------------------stock usually carries the privilege of voting
Q6: The form of business organization in the
Q7: A disadvantage of a partnership is
A) Unlimited
Q9: The legal document of a corporation that
Q10: Qualification(s) that must be met to form
Q11: A disadvantage of forming a corporation is
Q12: An example of a partner that would
Q13: Advantage(s) of a proprietorship form of organization
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