Answer:
(B) the sponsoring company acts as the general partner.
Explanation:
Limited partnerships -
In this type of partnership there is a general partner , who has unlimited liability for the business debts and a limited partner , is referred to as limited partnerships .
The limited partners are also called the silent partners .
The limited partner do not have the right of voting , in the business or company .
Hence, from the given information of the question ,
The correct answer is b.
