Travis has agreed to invest $16,000 in a partnership with his sister and brother-in-law. he does not intend to actively work in the partnership, nor does he wish to risk any of his own assets other than the $16,000 he initially invests. the partnership has agreed to permit him to share in the profits. as an expert on forms of business ownership, you know that travis is a in this partnership. a. general partnerb. preferred stockholderc. secondary partnerd. limited partner

D. Limited partner

Explanation:

Limited partner -

It is one of the owner of a company or organization , where the liability of the firm's debt is not allowed to raise than the other investor of the company .

Limited partner is also known as silent partners .

The limited partner has very restricted voting rights on the business of the company , and even is not involved in the day - to - day activity of the business .

The role of the limited partner is to invests some amount of money for exchange of the shares in a partnership .

Hence , from the information of the question ,

Travis is a Limited partner in the given partnership .

no, a company likes to look at potential employees that are professional, well mannered, clean, honest, etc. don't show up looking/acting like a clown. (unless that's your job xd) hope this ! =^-^=

explanation: doctrine of respondeat superior is a legal doctrine that is commonly used in tort. this principle makes an employer or principal legally responsible for the wrongful acts done by an employee or agent, if such acts occur within the scope of the employment or agency.