In a partnership,the type of partner that is responsible for all claims against the company is called a(n)________.
A) investor
B) general partner
C) unlimited partner
D) limited partner
E) sole partner

Question

Quizplus · Accepted Answer

A general partner is responsible for all claims against the company, which means that they have unlimited liability. Investors, limited partners, and sole partners may not have the same level of responsibility or liability.

In a Partnership,the Type of Partner That Is Responsible for All