The Partner Who Can Lose Only What He or She

question 22

Multiple Choice

The partner who can lose only what he or she has invested in a business is the

• A) general partner.
• B) sole proprietor.
• C) manager.
• D) employee.
• E) limited partner.

---

Definitions:

Conclusions

The summary of findings or the final arguments presented after an analysis or discussion.

Apparatuses

A set of materials or equipment designed for a particular use or function.

Keynes

John Maynard Keynes was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments, especially his advocacy for active government intervention to stabilize economies.

The Classicals

A group of economists in the 18th and 19th centuries, including Adam Smith and David Ricardo, who developed theories about how economies function.