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 ________.

• A)general partner
• B)limited partner
• C)partial partner
• D)corporate investor

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Definitions:

Price Decreases

Reductions in the cost of goods or services, often leading to increased demand.

Normal Goods

Goods for which demand increases as the income of individuals increases, indicating a positive relationship between income and demand.

Equilibrium Price

This is the price at which the quantity of goods supplied matches the quantity of goods demanded, resulting in market equilibrium.

Demand Curve

A graph depicting the relationship between the price of a good and the quantity demanded by consumers at those prices.