Question

(0)
0.4. Identify the type of partner highlighted in the following statements:
This partner does not take part in the day to day activities of the business
(6) He gives an impression of his being partner to others by his words or conduct
(H) He allows the use of his goodwill to benefit the firm and can be represented as a partner
He is represented as a partner and inspite of knowing this, he does not deny such impression
() His association with the firm is not disclosed to the general public,
(vi) This partner is also known as Dormant Partner,
(vii) This partner takes active part in carrying out business of the firm,​

Answer 1

Answer:

Your answer is

(vi) This partner is also known as Dormant Partner.

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Answer 2

Answer:

vi) This partner is also known as Dormant Partner.

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