Chapter 11: Law of Partnerships

What are the 3 different types
of business partnership?
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Slide 1: Mind map
LawHigher Education (non-degree)

This lesson contains 2 slides, with interactive quizzes.

time-iconLesson duration is: 60 min

Items in this lesson

What are the 3 different types
of business partnership?

Slide 1 - Mind map

Which of these definitions correctly defines a general partner?
A
Someone who has invested capital but is not involved in the daily running of the business
B
Someone who has her liability for any debts fixed at a certain amount
C
Someone who is actively involved in the day to day running of the business
D
Someone who is employed by a partner of a business

Slide 2 - Quiz