Christin and Paola Operate a Business in Which Both Have

Multiple Choice

Christin and Paola operate a business in which both have contributed $50,000 to the business's capitalization.Christin makes all business decisions,and Paola made Christin sign a partnership agreement saying that Paola is liable only for partnership debts up to $50,000.

A) Both are general partners.
B) Christin is a general partner, and Paola is a limited partner.
C) Paola is a general partner, and Christin is a limited partner.
D) Both are limited partners.