Dev is an owner (partner)who has unlimited liability and is active in managing a law firm.Dev is an example of a:
A)limited partner.
B)general partner.
C)silent partner.
D)none of the above.

Question

Quizplus · Accepted Answer

Dev is an owner with unlimited liability and is active in managing the law firm, making him a general partner. Limited partners typically have limited liability and are not involved in the day-to-day management of the business, while silent partners contribute capital but do not take part in management.

Dev Is an Owner (Partner)who Has Unlimited Liability and Is