Which of the following describes a partner who actively manages and makes decisions for the business?

The choice of a general partner is correct because this term specifically refers to an individual who actively participates in the management and decision-making processes of a business. In partnerships, general partners hold unlimited liability, which means they are personally responsible for the debts and obligations of the partnership. They engage in the daily operations, strategy formulation, and overall governance of the partnership, making significant contributions to its success through their active involvement.

In contrast, an investor partner primarily provides capital but does not engage in the business decisions or operations. A silent partner, as the name implies, remains uninvolved in management and does not participate in day-to-day decision-making, contributing only capital and sharing in profits without taking an active role. A nominal partner, while part of the partnership's name, typically does not participate in management and has limited involvement, often serving more as a figurehead.

Understanding the distinction between these roles is crucial in the context of partnerships, particularly in the funeral service industry, where effective management is key to customer satisfaction and operational success.