Ted's new company is experiencing a steady decline in profit. He ...

[ETearle]

Ted's new company is experiencing a steady decline in profit. He needs external financing to prevent his company's profits from declining further. Considering the fact that he wants to exercise ownership and control over the firm for as long as possible, Ted is likely to find angel investors who are interested in helping him meet his financial needs.
 
 Indicate whether the statement is true or false

Question 2

The partner who can lose only what he or she has invested in a business is the
 A) general partner.
  B) sole proprietor.
  C) manager.
  D) employee.
  E) limited partner.

[Meganchabluk]

Answer to Question 1

False

Answer to Question 2

E