Business Studies · Forms of Business Organisations
A partner who provides a portion of capital for a business but does not take an active part in managing its day-to-day operations is called a/an ________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Partner by estoppel
- 2Nominal partner
- 3Sleeping or Dormant partner✓
- 4Active partner
Correct answer
Sleeping or Dormant partner
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