Examlex

Solved

A Partner Who Invests Money in a Business but Is

question 81

Multiple Choice

A partner who invests money in a business but is not involved in the day-to-day operation and is only risking capital equal to what they have contributed is called a ________.


Definitions:

Unethical Behaviors

Actions that go against moral principles in the workplace, such as discrimination, bribery, or exploitation.

Statutory Law

Law established through legislation passed by governmental bodies, as opposed to common law or regulatory law.

Local Union Officials

Elected or appointed leaders within a smaller, local section of a labor union, responsible for representing and advocating for members' interests.

Appointed Trustee

A person designated to manage the assets, operations, or responsibilities of a trust or organization on behalf of its beneficiaries or stakeholders.

Related Questions