A partner who only make capital contribution but does not take part in the management of the partnership business is a/an
A ordinary partner
B limited partner
C dormant partner
D nominal partner
Answer is C
Tutors, Past Questions and Projects.
A partner who only make capital contribution but does not take part in the management of the partnership business is a/an
A ordinary partner
B limited partner
C dormant partner
D nominal partner
Answer is C