A partner who invests money in a business, but does not take an active role in management or assume unlimited liability for the firm's losses is known as a (n) :
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A partner who invests money in a business, but does not take an active role in management or assume unlimited liability for the firm's ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The McDonald's fast-food restaurant on campus sells an average of 7,200 quarter-pound hamburgers each week. Hamburger patties are resupplied twice a week, and on average the store has 795 pounds of hamburger in stock.
Answers (1)
A corporation issued 100 shares of its $5 par value common stock in payment of a $1,800 charge from its accountant for assistance in filing its charter with the state. the entry to record this transaction will include
Answers (1)
Concierge Industries manufactures 40,000 components per year. The manufacturing cost of the components was determined as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total $ 75,000 120,000
Answers (1)
Your grandfather put some money into an account for you on the day you were born. You are now 18 years old and are allowed to withdraw the money. The account currently has $ 4 comma 909 in it and pays an interest rate of 3 %. a.
Answers (1)
Lent Corporation converts to S corporation status in 2018. Lent had been using the LIFO inventory method and held a LIFO inventory value of $510,000 (FIFO value of $650,000).
Answers (1)
New Questions in Business
Suppose that the adult population is 4 million, the number of unemployed is 0.25 million, and the labor-force participation rate is 75%. What is the unemployment rate?
Answers (1)
Clear Colors Corporation uses a predetermined overhead rate based on direct labor costs to apply manufacturing overhead to jobs.
Answers (1)
You sell a put option on S&P 500 index with the strike price of 3300. Suppose the S&P 500 index is 3000 on the option expiration date. What is your payoff?
Answers (1)
Kamper Company sells two products Big Z and Little Z. Current direct material and direct labor costs are detailed below. Next year, the company wishes to use a plantwide overhead rate with direct labor hours as its allocation base.
Answers (1)
What government organization formed to enforce antitrust laws and to make sure the interests of small businesses were protected against corporations? internal revenue service department of labor better business bureau federal trade commission?
Answers (2)