Shelly wishes to invest in Mark and Rhonda's partnership, but she has no desire to take part in its management. Furthermore, she prefers to limit her liability to her investment
Which of the following organizational forms would accommodate Shelly's wishes?
A) general partnership with Shelly as a limited partner
B) general partnership with Shelly as a general partner
C) limited partnership with Shelly as a general partner
D) limited partnership with Shelly as a limited partner
D
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