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

Question

Quizplus · Accepted Answer

Dev is an active owner/partner and has unlimited liability, which means they are a general partner. A silent partner is an owner who does not participate in the management of the business, while a limited partner has limited liability and is not involved in the management of the business.

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