Define sleeping and active partners......
Answers
Answered by
1
Sleeping Partners : Some partners provide only the finance, but do not take part in the running of the business. Such partners are called sleeping partners.
Active Partners : Active partner is that who not only invests capital but looks after the activities of the business. Active partner always receives profits and a fixed salary for managing the business.
Answered by
0
SLEEPING PARTNERS - THOSE ARE NOT TAKINK PART IN ANY BUSINESS.
ACTIVE PARTERS - MOST ENJOYFULL ONE. TALKATIVE WITH LOTS OF ENERGY
Similar questions