Differentiate the active and sleeping partner
Answers
Answered by
2
Active partner: Any partner who is authorized by others to manage the business is known as active partner.
Sleeping partner: Any partner who does not express his intention to participate in the businesscan be called as a sleeping partner. He will be just an investor who has a right to share profits.
Similar questions
Math,
3 months ago
Math,
3 months ago
Math,
3 months ago
India Languages,
6 months ago
Math,
10 months ago
Biology,
10 months ago
Environmental Sciences,
10 months ago