Beau Has Agreed to Invest $19,000 in a Partnership with His

question 36

Multiple Choice

Beau has agreed to invest $19,000 in a partnership with his brother and sister-in-law. Not being in the same line of work as them, Beau does not intend to actively work in the partnership. He also does not want to risk any of his own assets other than the $19,000 investment. The partnership has agreed to permit him to share in the profits. As an expert on forms of business ownership, you know that Beau is a ________ in this partnership.

• A) general partner
• B) preferred stockholder
• C) secondary partner
• D) limited partner

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Definitions:

Household Tasks

Chores or duties that are regularly undertaken to maintain the functioning and cleanliness of a domicile, such as cleaning, cooking, and laundry.

Marital Satisfaction

The degree of contentment and happiness experienced by individuals within their marriage or marital relationship.

High-Quality

Attributes or characteristics of a product, service, or performance that are superior in standard or excellence.

Marital Interactions

The behaviors, communications, and actions between partners in a marriage, which can significantly impact relationship satisfaction and stability.