A Partnership That Consists of One General Manager That Manages

question 37

Multiple Choice

A partnership that consists of one general manager that manages the business and one or more partners that are not involved in the business is called a __________.

• A) general partnership
• B) limited partnership
• C) proprietorship
• D) limited liability corporation

---

Definitions:

Categorical Syllogism

A form of reasoning consisting of three propositions: a major premise, a minor premise, and a conclusion, each of which may be categorized by being either affirmative or negative.

Fallacy

A mistaken belief or an error in reasoning, often resulting in invalid or misleading arguments.

Affirming Consequent

A logical fallacy where a conclusion is incorrectly inferred solely based on the truth of its consequent, despite lacking sufficient evidence.

Hypothetical Syllogism

A logical argument consisting of two conditional statements and a conclusion, based on the premise that if one condition is true, then a second condition must follow.