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

Question

Quizplus · Accepted Answer

A limited partner is an investor who provides capital to a partnership but has limited liability and no participation in the management of the business. This scenario describes Sam Beauvois as an investor who is not involved in managing the pizza restaurant, which fits the definition of a limited partner.

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