Answered: 2. In a partnership, a partner who is…

2. In a partnership, a partner who is unknown to the other part- ners, yet participates in the running of the firm is a partner. A. limited B. active C. silent D. secret

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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2. In a partnership, a partner who is unknown to the other part-
ners, yet participates in the running of the firm is a
partner.
A. limited
B. active
C. silent
D.
secret

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