Add Then Write the Sum in Lowest Terms $$\begin{array} { r } 7 \frac { 5 } { 12 } \\\\+ 4 \frac { 11 } { 12 } \\\hline\end{array}$$

question 31

Essay

Add. Then write the sum in lowest terms. $$\begin{array} { r } 7 \frac { 5 } { 12 } \\\\+ 4 \frac { 11 } { 12 } \\\hline\end{array}$$

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Definitions:

General Partner

A member of a partnership who has unlimited liability and is actively involved in managing the business.

Limited Partner

An investor in a partnership who has limited liability to the extent of their investment in the business and does not participate in day-to-day management.

Limited Partnership

A business partnership where at least one partner has limited liability to the extent of their investment while at least one other has unlimited liability.

General Partners

Individuals in a partnership who are responsible for the management of the partnership and are liable for its debts.