Genna Approached Al Ternator About Joining the Business as an Owner

question 317

Multiple Choice

Genna approached Al Ternator about joining the business as an owner. She offered to provide the technical expertise and deal directly with customers, while Al, who has a degree in finance, takes care of the financial side of running Car Keepers. In addition, Genna wants Al to contribute some much-needed money for expansion. Under Genna's proposal, she and Al would operate the business together as

• A) limited partners.
• B) general partners.
• C) majority shareholders.
• D) business consultants.

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