(a)Secret partner (b) Minor partner (c) Active partner (d) Sleeping partne
3Name the type of e-business transaction in the following case-
Centralised inventory management for all stores of Reebok in New Delhi
(a) B2C (b) Intra -B (c) C2B (d) B2B
4 Which of the following card allows spending onkun to the balans
Answers
QUESTIONS WITH ANSWERS:
Secret partner:
❭ A secret partner, unlike a silent partner, has a say in the business' operations, but the public is not aware that the secret partner is involved in the business. Her name is not associated with the business in any way.
Minor partner:
❭ A person who is a minor according to the law to which he is subject may not be a partner in a firm, but, with the consent of all the partners for the time being, he may be admitted to the benefits of partnership.
Active partner:
❭ An active partner is an invested person who is involved in the daily operations of the partnership. An active partner helps run the business to enhance his or her returns and is therefore considered a material participant. This person typically shares more risk and return versus a limited or silent partner.
Sleeping partner:
❭ A sleeping partner is a person who provides some of the capital for a business but who does not take an active part in managing the business.