Josh Has Been Asked to Be a Part of a New

question 41

Multiple Choice

Josh has been asked to be a part of a new business venture that develops wind energy technologies.Since the business involves high risk,he does not want to be held completely liable for the firm's debts if the project fails.In this case,Josh is most likely to prefer to participate as a(n) :

• A)member of a cooperative.
• B)limited partner.
• C)general partner.
• D)owner of an S corporation.
• E)sole proprietor.