Discuss partner in a firm that destroys environmental waste


Problem: 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 Question options: general partner with a majority ownership interest in the business. joint venturist. general partner with a minority ownership interest in the business. limited partner sole proprietor.

 

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