Economics · Partnership

Who among the following is a 'Dormant partner'?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1A partner who only shares in profits
2A partner who actively participates in management
3A minor admitted to the benefits of the partnership
4A partner who contributes capital but takes no active part in the business✓

Correct answer

A partner who contributes capital but takes no active part in the business

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