Limited partner

From CNM Wiki
Revision as of 14:53, 5 January 2019 by Gary (talk | contribs) (Related coursework)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Limited partner is the partner's liability is limited to the amount of investment in the partnership.

Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Limited partner. The partner's liability is limited to the amount of investment in the partnership.

Related concepts

Related lectures