Question

A partner who provides only his name to the partnership firm. Answer in a word / phrase / term.

Answer 1

Hey mate ✌️✌️

A partner who provides only his name to the partnership firm⤵️⤵️⤵️


Nominal Partner.

Answer 2

A partner that provides his name to the partnership firm only is known as the nominal partner.

• A nominal partner is one who just gives the company his name. The partner does not contribute the capital, nor does he participate in day-to-day business management.
• A nominal partner's name is often associated as the name lending a recognition and credibility to the firm. A nominal partner is also known as a limited partner or an ostensible partner.