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Mary has decided to invest in John's company. Mary does not want to participate in the
management of the company, nor does she intend to provide any services in the execution of the
company's work. Additionally, Mary wants to limit her risk to her actual investment. Which type
of agreement should Mary and John enter into?
A. Joint Venture
B. General Partnership
C. Limited Partnership
D. Corporation

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  • 1. Mary has decided to invest in John's company. Mary does not want to participate in the management of the company, nor does she intend to provide any services in the execution of the company's work. Additionally, Mary wants to limit her risk to her actual investment. Which type of agreement should Mary and John enter into? A. Joint Venture B. General Partnership C. Limited Partnership D. Corporation