Question: Jackson Eats is a partnership owned by Jesse and Robert Jackson. They need additional capital to expand to a new location, so they have decided
Jackson Eats is a partnership owned by Jesse and Robert Jackson. They need additional capital to expand to a new location, so they have decided to bring in Sean, who will only contribute capital.
Sean would best be considered as a(n)
a. general partner.
b. limited partner.
c. owner.
d. None of the above
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