Question

A partner who is engaged in day to day activities of the business. Answer in a word / phrase / term.

Answer 1

Active and managing partner

Answer 2

Active partner

Explanation:

The partner who does not invest any capital but participates in active activities. He acts on behalf of other partners or partners of the business, or actively works with those partners and gets a share or salary in lieu of his active activity, this partner is called an active partner.