In a Limited Partnership, Which of the Following Types of Partner

question 126

Multiple Choice

In a limited partnership, which of the following types of partner remains bound by all debts of the business?

• A) Limited partner
• B) Special partner
• C) Partner with the greatest capital investment
• D) General partner

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Definitions:

Past Discrimination

Refers to historical injustices and unequal treatment based on race, gender, religion, or other characteristics, often requiring remedies or affirmative actions.

Affirmative Action

Policies that support measures to increase opportunities for underrepresented groups in areas such as employment, education, and business, often to correct historical injustices.

De Facto Segregation

Racial segregation that occurs in schools, workplaces, and residential areas, not as a result of laws, but as a result of patterns of inequality in society.

African American

African American is a term used to describe Americans of African descent, particularly those whose ancestors were enslaved and brought to the Americas.