Multiple Choice
Rhonda has agreed to invest $16,000 in a partnership with her sister and brother-in-law.Rhonda does not plan to work in the partnership,nor does she wish to risk any of her own wealth other than the $16,000 she invests,but she does intend to share in any profits earned by the partnership.Evidently,Rhonda will be a:
A) preferred stockholder.
B) secondary partner.
C) limited partner.
D) restricted partner.
Correct Answer:
Verified
Correct Answer:
Verified
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