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Logan Nettles Approached Kevin Lang About Becoming a Partner in a Firm

Question 22

Multiple Choice

Logan Nettles approached Kevin Lang about becoming a partner in a firm that destroys environmental waste.While Logan would like to become a partner in the firm,he is concerned about his liability because he has recently inherited a lot of money.In this situation,Logan should become a


A) general partner with a majority ownership interest in the business.
B) general partner with a minority ownership interest in the business.
C) limited partner.
D) joint venturist.
E) sole proprietor.

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