Sam Beauvois has invested $10,000 in his son's pizza restaurant, but takes no part in its management. What is Beauvois?

Name: Sam Beauvois has invested $10,000 in his son's pizza restaurant, but takes no part in its management. What is Beauvois?
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

Sam Beauvois is a limited partner because he has invested money in the restaurant but takes no active role in its management. Limited partners have limited liability and are not involved in the day-to-day operations of the business.

Sam Beauvois Has Invested $10,000 in His Son's Pizza Restaurant