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Mike Nettles approached Nathan Lang about becoming a partner in a firm that destroys environmental waste. While Mike 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, Mike should become a Group of answer choices 1. general partner with a minority ownership interest in the business. 2. general partner with a majority ownership interest in the business. 3. sole proprietor. 4. joint venturist. limited partner.

Respuesta :

Answer:

limited partner

Explanation:

Limited partner -

In a company or organisation , the part - time owner of the organisation , where the liability of the person can not increase a certain amount in the company is referred to as the limited partner .

The limited partner has only specific voting rights and can invest money in return of the shares .

The limited partner can not interfere in the day - to day activity of the company.

It is also referred to as the silent partners.

Hence , from the given scenario of the question,

The correct option is limited partner .

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