An individual who is not a partner but is held out as a partner is a partner.
A) limited
B) secret
C) nominal
D) dormant
Correct Answer:
Verified
Q5: The owners or investors of a limited
Q6: Which of the following is true of
Q7: Which of the following best describes sole
Q8: An individual need only begin doing business
Q9: A partnership is one engaged in buying
Q11: Which of the following is true of
Q12: Which of the following is true of
Q13: A general partner has limited liability with
Q14: A sole proprietor has ultimate responsibility for
Q15: The default tax classification of a limited
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