Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'general partner'?

A. shareholder whose shares confer the right to vote in corporate elections, including the right to elect directors at annual or special meetings, and to express their views to corporate management and directors on significant issues that may affect the value of those shares
B. co-owner, member, and agent of a partnership whose participation level, including proportional liabilities and share in the profit / loss of the business is specified in a partnership agreement
C. partner and part-owner that is responsible for managing the day to day operations of the partnership and that may be jointly and severally liable for the obligations of the partnership
D. partner whose liabilities are limited to the extent of their investment or guarantees and that has no involvement in the day to day operations of the partnership

Answer: partner and part-owner that is responsible for managing the day to day operations of the partnership and that may be jointly and severally liable for the obligations of the partnership